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1-4 New Street, Neath

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1-4 New Street, Neath

Summary:

Prime retail location in the centre of Neath
Situated within a pedestrianised shopping area
Benefits from a return frontage onto New Street and Wind Street
Flexible accommodation Total net internal area: 623.48m² (6711ft²)
Rent: £55,000 per annum.

LOCATION
This retail premises is located in the historical market town of Neath which is the central point for the surrounding valleys. Swansea is approximately nine miles to the south east and the property is also within easy access of the M4 Motorway, being approximately three miles from Junction 43.

DESCRIPTION
The property fronts on to New Street and Wind Street and benefits from a pedestrianised external area.

Gross frontages:
New Street: 24.96m
Wind Street: 10.42m
St Thomas Church: 2.93m

Surrounding occupiers include local independent shops, cafes, public houses, Neath Market traders, estate agents, solicitors, accountants and also larger national stores including Marks & Spencer, Boots, Wilko, Morrisons, W H Smiths and many others.

The accommodation is set out over three floors and can be offered on a flexible basis. The current layout comprises retail space on the ground and first floors. The second floor has been utilised for staff and storage accommodation. There is also a basement.

Plans are available upon request.

ACCOMMODATION
Please see attached details.

TENURE
The suite is available on a new full repairing and insuring lease, terms to be negotiated, January 2019.

SERVICE CHARGE & VAT
The ingoing tenant will be responsible for a service charge where only part of the building is leased.

VAT
All figures exclusive of VAT, where applicable

BUSINESS RATES
Rateable Value £41,750
UBR for Wales 2018/19 51.4p in the £

Interested parties are asked to verify this information by contacting the local authority.

EPC
Current assessment is D-90.