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8 Station Road, Port Talbot

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8 Station Road, Port Talbot


Freehold Investment Opportunity
Adjacent to the new Transport Hub and pedestrianised concourse
10+ years remaining on lease (lease expires 14.05.2029)
Seeking offers in the region of £210,000

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.

The property is let on an FRI basis on the following terms:-
20 years from 15th May 2009 at a rent of £14,000 per annum with three yearly rent reviews.

Tenth and fifteenth anniversary of the date of the lease.

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 2017/18 49.9p in the £

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

An EPC has been commissioned and will be available shortly.