34 Windsor Road, Neath, SA11 1LU
For Sale
£189,000
Brief Description
- Mixed-Use Investment Opportunity
- Freehold For Sale - Offers over £189,000
- Situated in the centre of Neath
Full Description
Situation
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.
Description
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.
Services
The property benefits from Water & Electric utilities. Please note that during the course of our inspection, none of these utilities were tested.
Size
The ground floor commercial has a GIA of 167 m2 (1,797 ft2).
The four-bedroom maisonette has a GIA of 110 m2 (1,184 ft2).
Terms
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%.
Rateable Value
Interested parties are advised to make their own enquiries with the local authority to confirm this.
Viewing
Please contact Dawsons Commercial on the contact details below to make an appointment.
Joe Demarco
01792 478907
joe.demarco@dawsonsproperty.co.uk
Marcus Man
01792 478908
marcus.man@dawsonsproperty.co.uk