22 Castle St - Health Club FOR SALE


Neath, WGN SA11 3LU
$189,000 USD
22 Castle St, Neath, WGN for Sale
$189,000 USD
Health Club - FOR SALE
1/7
null | Request Cap Rate

22 Castle St
Neath, WGN SA11 3LU


HIGHLIGHTS

  • MIXED USE INVESTMENT OPPORTUNITY WITH THE BENEFIT OF PLANNING PERMISSION (REF: P2023/0425)
  • AN UNIQUE GRADE II LISTED BUILDING WITHIN THE IMMEDIATE PROXIMITY TO NEATH CASTLE
  • 450.99 SQ.M (4,854.45 SQ. FT.) ARRANGED OVER TWO STOREYS
  • PROMINENT POSITION WITHIN CLOSE PROXIMITY TO THE PRIME RETAIL AREAS OF NEATH TOWN CENTRE

OVERVIEW

The subject premises is available Freehold with vacant possession. Offers in the region of £189,000. The subject premises comprises a substantial size, two-storey Grade II Listed Building and former community hall, measuring approximately 450.99 sq.m (4,854.45 sq. ft.) in total, which is situated along a prominent main road position within Neath town centre. At present, the subject premises is currently presented in a shell condition, with proposed reinstatement works currently ongoing. Since the subject premises was previously acquired, we note that the building has been altered to comprise an open plan layout, which also benefits from planning permission and listed building consent for the conversion to 3 no. self-contained commercial units. Based on the information contained within the planning permission decision notice, the subject premises has been granted planning permission for the change of use to form a restaurant (A3 Use Class) and business premises (B1 Use Class) including associated internal and external alterations and the provision of a new external terrace/ fire escape. The subject premises accommodates the majority of the site, with the exception of an external walkway along the side elevation and a small enclosed courtyard area to the northeast corner, which has potential for an external seating area (subject to obtaining the necessary consents). Ground floor area: 2,949.22 sq. ft. First floor area: 1,905.22 sq. ft

FOR SALE DETAILS

PRICE

$189,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Moose International Hall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,168 SF

ZONING

-

APN/PARCEL ID

CYM441755

ASK ABOUT THIS PROPERTY

Sean ThomasAstley Chartered SurveyorsMore Info

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Sean ThomasAstley Chartered SurveyorsMore Info

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