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Development Site For Sale, Plot C5, Junction 38 M4 Motorway, Margam, Port Talbot, SA13 2NW

0.55 Hectare / Land

For Sale - £500,000.00

Available - Last updated: 09 May 2023

A prominent plot of land fronting a dual carriageway and roundabout. It is irregular in shape with access into the plot already constructed. Suitable for development for employment uses. Roadside / drive thru uses may be considered, subject to planning

Location

The Plot is located within Neath Port Talbot County Borough at the roundabout junction of the A4241 and A48, close to Junction 38 of the M4 Motorway and benefitting from excellent road transport links. The A4241 (Harbour Way) provides a direct link into Port Talbot. Nearby occupiers include Tata Steel, Margam Green and Western Wood Energy Plants

Accommodation

Land extending to 1.36 acres (0.55 hectares) approx.

Terms

Services We are advised that all main services are connected to the property along road frontage. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.

Planning The Local Development Plan designates the Plot as suitable for:

• Uses within classes B1, B2 and B8 of the Town & Country Planning (Use Classes) Order 1987;
• Ancillary facilities or services which support and complement the wider role and function of the primary employment use
• Commercial services unrelated to class B. Any development is to accord with the Welsh Sustainable Building’s policy where the current BREEAM parameters are outlined. Any occupier should make their own enquiries to the Planning Department of Neath and Port Talbot Council. Tel: (01639) 686777 or email planning@npt.gov.uk

Business Rates Interested parties should make their own enquiries to Neath and Port Talbot Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.. www.voa.gov.uk. 

Tenure The property is available to purchase freehold.

Purchase Price We are seeking offers in excess of £500,000 excluding VAT.

Legal Costs Each party is to be responsible for their own legal costs.

References Financial and accountancy references may be sought from any prospective purchaser prior to sale.

VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the purchase price. We recommend that the prospective purchasers establish the VAT implications before entering into any agreement.

AML A successful tenant/purchaser will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers Over For Sale Freehold £500,000.00 NA

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Contact agents

Alexander Kaine

Alder King

029 2199 0360

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