The property comprises a prominent, detached industrial building with secure yard areas to both the front and rear. The unit currently provides a trade counter area, featuring suspended ceilings throughout. The unit benefits from a concrete floor, electric roller shutter door, kitchenette, WC and a small office area.
Location
The property is located to the south of Water Street, within an established commercial and industrial area south of Port Talbot town centre, close to the docks and the Aberavon waterfront. Water Street provides an important local route linking the town centre with the wider industrial and dockside areas. The location benefits from excellent connectivity to the strategic road network, making it well suited to industrial and trade uses. Port Talbot lies immediately south of the M4 motorway corridor, accessed via Junctions 38–41, providing good accessibility to Cardiff in the east and Swansea in the west. Port Talbot Parkway railway station is situated less than a mile from the property, offering regular services to Swansea to the west and to Bridgend, Cardiff and destinations further east
Accommodation
Industrial Unit with Yard – Approx. 3,872 sq ft
Terms
Planning We are verbally advised that the accommodation has planning consent for industrial use. 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 of 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 Code for Leasing ). For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020 .
Energy Performance Certificate Lease/Tenure/Terms The property is available on a new full repairing lease with terms to be negotiated.
Rent/Purchase Price The unit is offered to let at £21,500 per annum (£5.99psf), exclusive of VAT.
Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent/purchase price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement.
AML A successful tenant/purchaser will be required to provide relevant information to satisfy AML requirements when Heads of Terms are agreed