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For Sale : 8 Station Road | 8 Station Road , SA13 1JB

Size: 272 m2 (2929 ft2)|Price: £199,950

Property Details

DESCRIPTION & LOCATION

The property is prominently located on Station Road adjacent to the new transport infrastructure and public realm works which have recently been completed to the new transport hub. The Transport Hub centralises main transport links including Port Talbot Parkway station, a new bus terminal, cycle facilities, a taxi rank and drop-off and pick-up bays in a largely pedestrianised concourse, providing easier access for all to employment and residential areas in and around the town.

This property benefits from main road frontage and is situated on a principal road leading to the main retail core experiencing high footfall and transport movements. Port Talbot Town Centre is conveniently positioned nearby.

The property is a four storey traditional terraced premises with front and rear access. The ground floor is made up of retail space (restaurant/café). The first floor comprises 3 x WCs, storage/office and a staff room. The second & third floors are currently used for accommodation.

ACCOMMODATION

Description

Sq m

Sq ft

Ground Floor

191

2056

First Floor

81

873

Second Floor

2nd/3rd floors are currently utilised as accommodation.

Third Floor

Net Internal Area

272

2929

TENANCY

The property is let on an FRI basis on the following terms:-

Lease Term

Rent

Rent Reviews

20 years from 15th May 2009

£14,000 pa

3 yearly

TENANT BREAK

Tenth and fifteenth anniversary of the date of the lease.

BUSINESS RATES

The property is described in the Valuation Office Agency Rating List for 2017 as Shop, cafe & premises with a Rateable Value of £12,250

UBR for Wales 2019/20 52.6 in the £

Interested parties are asked to verify this information by contacting the local authority.

PRICE

We are seeking offers in the region of £210,000 for our client’s freehold interest.

EPC

An EPC has been commissioned and will be available shortly.

VIEWING ARRANGEMENTS

NICK FOUNDS - 01792 479845 nick@rj-cs.co.uk

ADAM HARRIS - 01792 479841 adam@rj-cs.co.uk

 

Location

8 Station Road

Port Talbot

SA13 1JB

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