* Freehold
* Large three storey mixed use investment opportunity
* 4 bedroom house with large enclosed garden and driveway to the rear
* Self - contained ground floor shop – let achieving £4, 000 pa
* 248. 84 sq. M (2, 678. 51 sq. Ft. )
The subject property comprises a large three - storey mixed use building, which
currently accommodates a four bedroom terraced house with adjoining self -
contained ground floor retail unit.
The ground floor retail unit is currently occupied and let to a private
individual, trading as The Gemstone Cowboy, which produces a current rent
passing of £333 per calendar month (circa £4, 000 pa).
The remaining accommodation comprises a large three - storey residential
terraced house, comprising one reception room, cloakroom and kitchen at ground
floor. The first floor, which can be accessed off the main hallway
accommodation four bedrooms and the family bathroom. Additional storage rooms
are also available within the basement accommodation, which can be accessed
off the main hallway at ground floor or alternatively over the enclosed garden
area to the rear.
Externally, the main building which has been extended significantly to the
rear accommodates the majority of the site, with the exception of the enclosed
rear garden. The rear garden also benefits from a secure driveway, which can
be accessed directly off Caenant Terrace. Two additional storage sheds are
also located within the garden area.
**Description**
The subject property comprises a large three - storey mixed use building, which
currently accommodates a four bedroom terraced house with adjoining self -
contained ground floor retail unit.
The ground floor retail unit is currently occupied and let to a private
individual, trading as The Gemstone Cowboy, which produces a current rent
passing of £333 per calendar month (circa £4, 000 pa).
The remaining accommodation comprises a large three - storey residential
terraced house, comprising one reception room, cloakroom and kitchen at ground
floor. The first floor, which can be accessed off the main hallway
accommodation four bedrooms and the family bathroom. Additional storage rooms
are also available within the basement accommodation, which can be accessed
off the main hallway at ground floor or alternatively over the enclosed garden
area to the rear.
Externally, the main building which has been extended significantly to the
rear accommodates the majority of the site, with the exception of the enclosed
rear garden. The rear garden also benefits from a secure driveway, which can
be accessed directly off Caenant Terrace. Two additional storage sheds are
also located within the garden area.
**Location**
The premises is situated along New Road to the front, which is considered to
be the main retail location within Skewen, which is a popular village
approximately 2 miles to the west of Neath town centre. The residential
accommodation is located to the rear off the designated car park and enclosed
courtyard entrance, which can be accessed directly off Caenant Terrace.
Skewen provides for a mixture of commercial properties such as general
retailing, takeaways and public house facilities supported by densely
populated residential housing.
The immediate area also affords good lines of communication via the main A465,
A4230 and the M4 Motorway (J44), which is 1 mile from the subject premises.
**Accommodation**
The subject property affords the following approximate dimensions and areas:
Commercial Accommodation
**Ground floor
**
Sales Area: 24. 15 sq. m (259. 95 sq. Ft. )
Shop Depth: 4. 82m (15’10")
Net Frontage: 4. 26m (13’11")
Ancillary: 7. 17 sq. m (77. 17 sq. Ft. )
which briefly comprises the following.
Staff Kitchen: 3. 45m x 2. 45m
W. C. Facilities
Residential Accommodation
**Ground floor
**
Gross Internal Area: 58. 90 sq. m (634. 09 sq. Ft. )
Entrance Hallway
with stairs to first floor and basement, doors to.
Lounge: 3. 72m x 5. 01m
with bay window to front.
Cloakroom
with w. c. And wash hand basin.
Breakfast Kitchen: 3. 31m x 6. 18m
fitted with a range of wall and base units incorporating sink drainer,
electric cooker point.
**First floor
**
Gross Internal Area: 73. 42 sq. m (790. 33 sq. Ft. )
Landing
with stairs to ground floor, doors to.
Bathroom
fitted with a three piece suite comprising bath, w. c. And wash hand basin.
Separate Shower
shower enclosure with electric shower unit.
Bedroom 1 (Front): 4. 91m x 3. 27m
Bedroom 2 (Front): 4. 90m x 3. 25m
Bedroom 3 (Rear): 2. 91m x 3. 70m
Bedroom 4 (Rear): 1. 91m x 2. 68m
**Basement/ lower ground floor
**
Gross Internal Area: 85. 20 sq. m (917. 16 sq. Ft. )
Store 1 4. 77m x 3. 36m
with stairs to ground floor, door to rear garden.
Store 2 4. 72m x 3. 0m
Workshop 4. 74m x 6. 72m
housing gas fired combi boiler, with access to.
Store 3 (Rear) 3. 34m x 6. 32m
access to w. c. Facilities, door to rear garden.
**Rates**
As stated on the voa website the Rateable Value for the subject premises is as
follows:
Rateable Value (2017) £3, 650
From April 2018 the Welsh Government set the multiplier according to the
Consumer Price Index (cpi) and for the financial year 2022 - 23 the multiplier
will be 0. 535.
Rates relief for small businesses in Wales will apply up to 31st March 2019.
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.
The self - contained residential apartments are rated separately, with each
self - contained apartment currently designated as Council Tax Band A.
We advise that all enquiries should be made with the Local Authority Rates
Department to verify this information. For further information visit .
**Vat**
VAT will need to be confirmed but we advise that all figures quoted are
exclusive of VAT (if applicable).
**Terms & Tenure**
The subject premises is available Freehold.
No. 49 (Ground Floor Shop) - Let to a private individual, trading as The
Gemstone Cowboy at a current rent passing of £4, 000 per annum (exclusive).
**Viewing**
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: Email:

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