High Street Retail Property for sale

Margam Road, Margam, Port Talbot SA13


OIRO
£169,950
2,710 ft²

Features

  • Double fronted retail unit
  • Extended sales showroom
  • Freehold
  • Large workshop to rear
  • Prominent main road position

Description

The subject premises comprises a mid-terraced, two-storey retail unit, which has been extended significantly to the rear to accommodate a large sales showroom with ancillary storage and additional w.c. Facilities at ground floor level.

The first floor, which can be accessed off the main sales showroom via an internal stairwell comprises a number of cellular offices, supported by a staff kitchen and w.c. Facilities.

The premises also accommodates a large workshop unit to the rear, which can be accessed independently off the lane to the rear via a roller shutter loading door, providing a clearance height of approximately 2.63m.

The subject premises is situated along an established parade of commercial units within ease of access to the M4 Motorway, along a prominent main road position.

Description

The subject premises comprises a mid-terraced, two-storey retail unit, which has been extended significantly to the rear to accommodate a large sales showroom with ancillary storage and additional w.c. Facilities at ground floor level.

The first floor, which can be accessed off the main sales showroom via an internal stairwell comprises a number of cellular offices, supported by a staff kitchen and w.c. Facilities.

The premises also accommodates a large workshop unit to the rear, which can be accessed independently off the lane to the rear via a roller shutter loading door, providing a clearance height of approximately 2.63m.

The subject premises is situated along an established parade of commercial units within ease of access to the M4 Motorway, along a prominent main road position.

Location

The subject premises is located directly off Margam Road, within an established trading location, along the outskirts of Port Talbot town centre.

Port Talbot town centre, with all usual amenities including a mainline railway station, is less than 2 miles to the north. Swansea City Centre is approximately 11 miles and Cardiff City Centre is approximately 30 miles. The subject premises also provides ease of access to major road links such as the main A48 and the A4241, while the M4 Motorway (J38) is approximately 0.5 mile from the subject premises in an southerly direction.

Accommodation

The subject premises affords the following approximate dimensions and areas:
Ground floor


Sales Showroom: 106.80 sq.m (1,149.59 sq. Ft.)
Accessed directly off the main pedestrian walkway to the front over the sales display window.

Shop Depth: 15.53m (50'11")
Internal Width (max): 8.79m (28'10")

Storage: 13.29 sq.m (143.05 sq. Ft.)

W.C. Facilities

Workshop: 90.76 sq.m (977.02 sq. Ft.)
accessed off the rear yard area or alternatively from the rear lane via a roller shutter loading door with a clearance of 2.63m.
First floor


Offices: 40.88 sq.m (440.11 sq. Ft.)
comprising a total of three office rooms supported by a staff kitchen and w.c. Facilities.

Rates

As stated on the voa website the Rateable Value for the subject premises is as follows:

Rateable Value (2017): £10,500

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2020-21 the multiplier will be 0.535.

Rates relief for small businesses in Wales will apply up to 31st March 2020. Rates relief for small business with a rateable value up to £6000 will receive 100% relief and those with a rateable value between £6,001 and 12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .

Vat

All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (if applicable).

Terms & Tenure

The subject premises is available Freehold with vacant possession.

Viewing

Appointment with Agents:

Astleys Chartered Surveyors
Tel: Email:

Categories

High Street Retail Property
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Property reference
CP_68C8C3D667_2