Neath Retail for Sale - Neath Port Talbot
The Freehold interest in our client’s property is available to buy for offers over £189,000
The Ground Floor Commercial unit is on a rolling contract at an annual rent of £10,800 per annum.
The 4-Bed Maisonette yields £10,140 per annum.
The total annual income combined is approximately £20,940 giving a Gross Yield of around 11%.
Briefly, this property comprises a spacious four storey mixed use premises. The ground floor is currently occupied by a well-known beauty salon, while the first and second floors provide a self-contained four-bedroom maisonette.
The ground floor accommodation benefits from an open-plan retail showroom, with ancillary storage areas, a kitchen, and WC facilities located to the rear. In addition, the property includes a basement area.
The first & second-floor accommodation benefits from a spacious four-bedroom maisonette, with a bathroom, living room and kitchen.
Situated in the middle of Windsor Road, Neath, this property occupies a prominent trading position and is highly visible. Nearby occupiers comprise a mix of local businesses and national retailers, including Specsavers, Domino’s, Lloyds Bank, and other established banking institutions.