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Block of flats
London Road, Neath SA11
£170,000
London Road, Neath SA11
£170,000
Our Summary
- Internally, the ground floor commercial property currently has planning consent for A3 use and is let on an internal repairing and insuring Lease
Description
The subject property is a corner plot with a ground floor commercial property (A3 use) and two self-contained flats on the first floor. The ground floor commercial space, currently a pizza takeaway, is 916 square feet and has a rateable value of £8,500. It is let on an internal repairing and insuring lease, while the two first floor flats are let on periodic rolling contracts. Flat A has a lounge, bathroom, and bedroom, while Flat B has an open-plan lounge-kitchen, bathroom, and a loft room with velux windows. The property is generating a total rent of £15,876, after deducting managing agents' fees, and has a B EPC rating for the commercial space and G and F EPC ratings for the flats.