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Established Investment Property In Neath For Sale

Neath, Neath Port Talbot, UK
Asking Price:
£295,000
Turnover:
Not applicable
Net Profit:
Not applicable

Let's ‘blue chip’ High Street bank tenant
Large, prominent, stone-faced building
A five-year lease agreement expires 29 August 29, 2028
Busy location opposite train station
Extensive accommodation

Property Information

Property:

Freehold

Location:

The market town of Neath sits on the banks of the River Neath, within the Neath & Port Talbot County Borough, which is historically Glamorgan. It is a strategic location, with the ford crossing the River Neath, but it is still well positioned, being at the junction of the M4 and A465 Heads of the Valley Road, which provide easy access throughout South Wales and north into the Brecon Beacons National Park. The town has a population of 50,000 and is a commercial and economic centre for the surrounding area. It is only 7 miles north-east of the larger city of Swansea and the beautiful Gower Peninsula.

5 Windsor Road is a prominent, dressed stone-fronted building that is constructed in the main of block and brick underneath a pitched slate roof. It has been occupied by Lloyds Bank PLC for a number of years and was purposefully built as a high street bank. It offers extensive accommodations.

The property may suit a change of use, subject to vacant possession and planning consent, as it sits at the heart of Neath's leisure circuit, close to JD Wetherspoons and a number of other licensed outlets.

Premises Details:

TRADE AREAS

GROUND FLOOR: Retail: 337.80 sqm (3,636) sqf

LOWER GROUND FLOOR: Ancillary: 72.80 sqm (783) sqf

FIRST FLOOR : Office: 46.20 sqm (497) sqf

SECOND FLOOR: Storage: 51.00 sqm (548) sqf

Total approximate floor area: 507.80 sqm (5,464) sqf