* Unfurnished
* Large double fronted retail unit
* Sales area - 168. 84 sq. M (1, 871. 39 sq. Ft. )
* Prime retail area
* Secured yard/ designated parking to rear
The subject property comprises a large double fronted mid terraced retail
unit, which was previously occupied for use as a banking premises. We note
that the subject property is currently arranged as a three storey premises but
advise that only part of the ground floor accommodation is being offered to
let.
The retail accommodation 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. The remaining accommodation comprises a
number of cellular rooms located to the rear.
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 large double fronted mid terraced retail
unit, which was previously occupied for use as a banking premises. We note
that the subject property is currently arranged as a three storey premises but
advise that only part of the ground floor accommodation is being offered to
let.
The retail accommodation 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. The remaining accommodation comprises a
number of cellular rooms located to the rear.
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: 199. 10 sq. m (2, 143. 22 sq. Ft. )
Sales Area: 168. 84 sq. m (1, 871. 39 sq. Ft. )
Shop Depth: 13. 17m (43’3”)
Internal Width: 13. 94m (45'9”)
Ancillary: 27. 16 sq. m (292. 35 sq. Ft. )
Comprising two cellular office rooms.
Areas to be excluded:
Rear Sales Area: 59. 50 sq. m (640. 45 sq. Ft. )
with stairs to first floor.
Strong Room: 20. 13 sq. m (216. 67 sq. Ft. )
Store Room: 6. 19 sq. m (66. 62 sq. Ft. )
**Rates**
As stated on the voa website the Rateable Value for the subject premises is as
follows:
Rateable Value (2017): £30, 750
Please be advised that the current Rateable Value is based on the assumption
that the subject premises is let in its entirety. We therefore advise a
reassessment will be required to determine the Rateable Value based on the
proposed areas to be occupied.
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**
Our client’s interest is available by the way of a new effective Full
Repairing and Insuring Lease (under terms to be negotiated).
We further advise that the entire premises may also available to let, subject
to the necessary negotiations.
**Viewing**
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: Email:

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: