Office for sale in Talbot Street, Maesteg CF34, £325,000

325,000.00

Offer Nr.:
62632968
Type of ad:
for Sale
Property type:
Office
Contact name:
Astleys Chartered Surveyors
Phone(s):
01792 925807

* Freehold
* Large double fronted former banking premises
* Net internal area - 541. 25 sq. M (5, 826. 01 sq. Ft. ) over three floors
* Along prominent position within prime retail area
* Secured yard/ designated parking to rear compound
The subject property comprises a substantial size, double fronted, mid
terraced retail/ office unit, which was previously occupied for use as a
banking premises.
We note that the subject property is currently arranged over three floors
comprising the main banking hall over the ground floor, which has been
extended significantly to the rear. The remaining accommodation arranged over
the upper floors, which can be accessed internally at ground floor level to
the rear of the main sales area, comprises various size office rooms.
The ground floor can be accessed off the standard sales display window unit,
leading to a slightly elevated sales area via an access ramp and a number of
internal steps to the front.
Additional parking is also available in the form of various designated parking
spaces (approximately 4), located within the secure yard area/ compound
directly to the rear of the unit, off Llynfi Road to the west.
**Description**
The subject property comprises a substantial size, double fronted, mid
terraced retail/ office unit, which was previously occupied for use as a
banking premises.
We note that the subject property is currently arranged over three floors
comprising the main banking hall over the ground floor, which has been
extended significantly to the rear. The remaining accommodation arranged over
the upper floors, which can be accessed internally at ground floor level to
the rear of the main sales area, comprises various size office rooms.
The ground floor can be accessed off the standard sales display window unit,
leading to a slightly elevated sales area via an access ramp and a number of
internal steps to the front.
Additional parking is also available in the form of various designated parking
spaces (approximately 4), located within the secure yard area/ compound
directly to the rear of the unit, off Llynfi Road to the west.
**Location**
Maesteg is situated at the northernmost end of the Llynfi Valley, close to the
border of Neath Port Talbot.
The town is approximately 7 miles west of Port Talbot, 9 miles north of
Bridgend and 27 miles north - east of Cardiff.
The property itself is located within the heart of the town and occupies a
prominent position on Talbot Street where there is a good range of local and
national occupiers. Major retailers within the immediate local vicinity
include Card Factory, Greggs, Specsavers and New Look.
**Accommodation**
The subject property affords the following approximate dimensions and areas:
**Ground floor
**
Net Internal Area: 281. 82 sq. m (3, 033. 51 sq. Ft. )
Sales Area: 228. 34 sq. m (2, 457. 85 sq. Ft. )
Shop Depth: 21. 59m (70'10”)
Internal Width: 13. 94m (45'9”)
Ancillary: 53. 48 sq. m (575. 65 sq. Ft. )
briefly comprising the following.
Office Room 1: 3. 37m x 3. 0m
Office Room 2: 3. 62m x 4. 71m
Strong Room: 3. 66m x 5. 50m
Store Room: 1. 96m x 3. 16m
**First floor
**
Net Internal Area: 145. 41 sq. m (1, 565. 19 sq. Ft. )
Offices: 135. 48 sq. m (1, 458. 30 sq. Ft. )
briefly comprising various size office rooms as follows.
Office 1 (l - Shaped): 7. 21m x 7. 45m
Office 2: 7. 06m x 5. 20m
with door to.
Office 3: 7. 06m x 4. 44m
Office 4: 3. 71m x 3. 16m
Storage: 12. 47 sq. m (134. 22 sq. Ft. )
comprising two storage rooms.
Kitchen: 9. 18 sq. m (98. 81 sq. Ft. )
Ladies and Gents W. C. Facilities
**Second floor
**
Net Internal Area: 114. 02 sq. m (1, 227. 36 sq. Ft. )
Office: 106. 18 sq. m (1, 142. 92 sq. Ft. )
comprising an open plan office area with gross measurements of 14. 43m x 8. 80m.
Plant Room/ Store: 7. 84 sq. m (84. 38 sq. Ft. )
**Rates**
As stated on the voa website the Rateable Value for the subject premises is as
follows:
Rateable Value (2017): £30, 750
From April 2018 the Welsh Government set the multiplier according to the
Consumer Price Index (cpi) and for the financial year 2021/22 the multiplier
will be 0. 535.
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 (where applicable).
**Terms & Tenure**
The subject premises is available Freehold, with vacant possession.
**Viewing**
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: Email:

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