- 599 sqft (56 sqm)
- To let
- £5,000 per Annum
**** REDUCED PRICE ****
The property is located in a prime position on the pedestrianised Station Road which is the traditional main retailing street within Port Talbot. The town is located approximately 10 miles east of Swansea and 32 miles west of Cardiff.
Adjoining occupiers are Lloyds Bank and the CEX Exchange. Other notable occupiers in this vicinity include Ladbrokes, Well Pharmacy, Halifax Bank, Principality Building Society and Jenkins Bakery.
The property comprises a ground floor sales area with storage/office space to the rear. The shop is accessed directly from Station Road. The first floor space is currently used as storage but there is potential, subject to planning and appropriate approvals, for this space can be used as a self contained first floor flat.
The property is available to let by way of a new lease on full repairing and insuring terms, subject to 5 yearly upwards only rent reviews.
Our enquiries with the Local Authority indicate that the premises has a rateable value of :
Rateable Value: £10,500
Rates Payable: £5,523
Interested parties are encouraged to make their own enquiries to the Local Rating Authority.
The property is not VAT elected.
The property provides the following approximate areas and dimensions:-
Gross Frontage - 6.05 m 19ft 8ins
Net Frontage - 5.36 m 17ft 6ins
Internal Width - 5.30 m 17 ft 4ins
Shop Depth - 10.69 m 35 ft 1in
Ground Floor Sales - 55.65 sq. m 599 sq. ft
Ground Floor Store/Office - 13.00 sq. m 140 sq. ft
We understand that the property benefits from A1 planning consent, alternative uses will be considered on merit, subject to planning.
Each party to bear their own legal costs in dealing with this transaction.
Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.