1 Charlesville Place, Neath, SA11 1PY

Offers in region of

£325,000

Size

3,176.56

Tenure

Freehold

EPC

Parking

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Primary use
Other

Key features

  • Freehold investment sale in town centre location
  • Opportunity to acquire multi let office / retail investment
  • Fully Let with a combined rent passing of £29,743.92 per annum
  • Low landlords operating costs
  • Outstanding Rent Reviews
  • A purchase at this level would represent a net initial yield of 9.15%, assuming purchaser's costs of 5.5%

Description

The property comprises three storey office accommodation. The offices benefit from communal W.C facilities on the first floor.
The main part of the building comprises of two separate offices to the ground floor. Two separate office suites on the first floor and one office suite on the top floor. A retail unit is located to the rear of the property accessed via The Parade.

Existing occupiers include: Prime Financial Solutions, Ann Physio Care, Fantom Factory, Claimrite, and Market Shoes Repairs.

Located at the rear of Neath Market on Charlesville Place which is accessed from The Parade within the main retail area of Neath. Neath train station and bus station is directly to the west of the building within a very short walk.

Neath is approximately 10 miles east of Swansea. It has excellent road communications via Junctions 42 and 43 of the M4, and Cardiff is approximately 40 miles south east.

Please refer to the Tenancy Schedule document.

Freehold subject to occupational leases.

We have been instructed to seek offers of £325,000 for the freehold interest, subject to contract and exclusive of VAT.

A purchase at this level would represent a net initial yield of 9.15%, assuming purchaser's costs of 5.5%
Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Energy performance certificate: E

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

1 Charlesville Place, Neath, SA11 1PY

NEAREST STATIONS

National Rail

Neath Station

0.1 miles

National Rail

Skewen Station

1.75 miles

National Rail

Briton Ferry Station

1.84 miles

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Disclaimer - Property reference 350078-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by RJ Chartered Surveyors, Swansea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.