15 Angel Street Neath West Glamorgan SA11 1RS

15 Angel Street
Neath
West Glamorgan
SA11 1RS

Freehold Retail Investment

Entirely let to The Original Travel House Limited - a part of Hays Travel
New 10-year lease from July 2023 (subject to option)
VAT-free investment
Town centre location close to large public car park
Nearby occupiers include Marks & Spencer, B&M, Morrisons, Iceland Supermarket, Boots the Chemist, Superdrug, Costa Coffee and Greggs

Lot
29
Auction
15th February 2024
Rent
£9,650 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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Freehold Retail Investment

Entirely let to The Original Travel House Limited - a part of Hays Travel
New 10-year lease from July 2023 (subject to option)
VAT-free investment
Town centre location close to large public car park
Nearby occupiers include Marks & Spencer, B&M, Morrisons, Iceland Supermarket, Boots the Chemist, Superdrug, Costa Coffee and Greggs

Lot 29
Auction 15th February 2024
Rent £9,650 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 7 miles north-east of Swansea, 36 miles north-west of Cardiff
Roads: A465, A474, A4230, M4 (Junction 43)
Rail: Neath Railway Station
Air: Cardiff Airport

Situation

The property is situated in the heart of Neath town centre, on the south side of Angel Street, which leads to Morrisons and a large public car park with over 100 spaces. Other nearby occupiers include Marks & Spencer, B&M, Iceland Supermarket, Boots the Chemist, Superdrug, Costa Coffee and Greggs.

Tenure

Freehold.

Location

Miles: 7 miles north-east of Swansea, 36 miles north-west of Cardiff
Roads: A465, A474, A4230, M4 (Junction 43)
Rail: Neath Railway Station
Air: Cardiff Airport

Situation

Tenure

Freehold.

Description

The property comprises a shop arranged on the ground and first floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Description

The property comprises a shop arranged on the ground and first floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas (Approx sq ft) (1)	Tenant	Term	Rent p.a.x.	Rent Review
Ground First	Retail/Ancillary Ancillary	40.50 41.53	(436) (447)	THE ORIGINAL TRAVEL HOUSE LIMITED (2)	10 years from 31/07/2023 on a full repairing and insuring lease (3)	£9,650	31/07/2028
Total		82.03	(883)			£9,650

(1) Areas provided by VOA (www.gov.uk/find-business-rates).
(2) Established in 1992, The Original Travel House Limited are established travel agents with 16 shops located in South Wales (www.travelhouse.co.uk). The company was acquired by Hays Travel in November 2023.
(3) The lease is subject to a tenant option to determine on 31/07/2028. The lease is also subject to a schedule of condition.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.