Property Details: - Type: Mixed use - Bedrooms: 0 - Bathrooms: 0
Agent: Astleys Commercial - Swansea Phone: 01792 738364
The property comprises a substantial size mid-terrace, three-storey mixed use block, which appears to comprise three separate Freehold titles forming part of a much larger parade of similar units.<br/><br/>We note that the subject premises benefits from two self-contained ground floor retail units, which appear to be accessed directly off the main pedestrian walkway to the front via standard sales display window units.<br/><br/>The ground floor retail unit (forming part of 38 Station Road) is currently occupied by a local retailer, trading as Cash & Carry Carpets, producing a rent passing of £12,500 per annum, while the remaining unit (forming part of 40 Station Road) is currently occupied by a local estate agents, trading as Clee Tompkinson Francis, producing a rent passing of £7,500 per annum.<br/><br/>We have been informed that the remaining ground floor retail units situated along 42 Station Road do not form part of the mixed-use block. We note that these ground floor retail units appear to be registered under a separate Freehold title, which is held by an unrelated third party.<br/><br/>The remaining accommodation arranged over the upper floors comprises a substantial size office block, which can be accessed independently off the main pedestrian walkway to the front, via two separate entrance corridors and internal stairwells, off Station Road.<br/><br/>We note that the subject premises also benefits from an open courtyard area to the rear, comprising designated parking for approximately 12 vehicles. The parking area appears to form part of No’s 40 and 42 Station Road, comprising an equal split of parking spaces (approximately 6 spaces each).<br/><br/>An additional parking area is also located over the rear lane, which is situated to the rear of 1 Courtlands Place. We note that this rear hardstanding comprises a small open area, providing designated parking for a further 4 spaces.<br/><br/><b>Description</b> - The property comprises a substantial size mid-terrace, three-storey mixed use block, which appears to comprise three separate Freehold titles forming part of a much larger parade of similar units.<br/><br/>We note that the subject premises benefits from two self-contained ground floor retail units, which appear to be accessed directly off the main pedestrian walkway to the front via standard sales display window units.<br/><br/>The ground floor retail unit (forming part of 38 Station Road) is currently occupied by a local retailer, trading as Cash & Carry Carpets, producing a rent passing of £12,500 per annum, while the remaining unit (forming part of 40 Station Road) is currently occupied by a local estate agents, trading as Clee Tompkinson Francis, producing a rent passing of £7,500 per annum.<br/><br/>We have been informed that the remaining ground floor retail units situated along 42 Station Road do not form part of the mixed-use block. We note that these ground floor retail units appear to be registered under a separate Freehold title, which is held by an unrelated third party.<br/><br/>The remaining accommodation arranged over the upper floors comprises a substantial size office block, which can be accessed independently off the main pedestrian walkway to the front, via two separate entrance corridors and internal stairwells, off Station Road.<br/><br/>We note that the subject premises also benefits from an open courtyard area to the rear, comprising designated parking for approximately 12 vehicles. The parking area appears to form part of No’s 40 and 42 Station Road, comprising an equal split of parking spaces (approximately 6 spaces each).<br/><br/>An additional parking area is also located over the rear lane, which is situated to the rear of 1 Courtlands Place. We note that this rear hardstanding comprises a small open area, providing designated parking for a further 4 spaces.<br/><br/><b>Location</b> - The property is located along Station Road within Port Talbot town centre. <br/><br/>Neighbouring occupiers within close proximity include established retailers such as Dominos, Pizza Hut and Lextan while the prime retail area of Aberafan Shopping Centre is approximately 500 metres away in a northerly direction.<br/><br/><b>Accommodation</b> - The subject premises affords the approximate dimensions and areas:<br/><br/>GROUND FLOOR<br/><br/>No. 38 Station Road<br/><br/>Net Internal Area: 202.19 sq.m (2,176.37 sq. ft.)<br/><br/>Sales Area (Carpet Shop): 186.69 sq.m (2,009.53 sq. ft.)<br/>accessed off the main pedestrian walkway to the front, via a standard sales display window entrance. Measurements taken from the VOA website.<br/><br/>Sales (ITZA): 79.48 sq.m (855.60 sq. ft.).<br/><br/>Ancillary: 15.50 sq.m (166.84 sq. ft.)<br/>comprising a single office room.<br/><br/>W.C. Facilities<br/><br/>No. 40 Station Road<br/><br/>Entrance Corridor<br/>access off the main pedestrian walkway to the front, with stairs to the first floor.<br/><br/>Net Internal Area: 71.80 sq.m (772.85 sq. ft.)<br/><br/>Sales Area (Clees): 50.60 sq.m (544.65 sq. ft.)<br/>accessed off the main pedestrian walkway to the front, via a standard sales display window entrance. Measurements taken from the VOA website.<br/><br/>Sales (ITZA): 40.90 sq.m (440.24 sq. ft.).<br/><br/>Ancillary: 21.20 sq.m (228.19 sq. ft.) comprising a single office room.<br/><br/>W.C. Facilities<br/><br/>No. 42 Station Road<br/><br/>Entrance Foyer<br/>access off the main pedestrian walkway to the front, with stairs to the first floor.<br/><br/>FIRST FLOOR<br/><br/>Net Internal Area: 230.20 sq.m (2,477.87 sq. ft.)<br/><br/>No. 38 Station Road<br/><br/>Net Internal Area: 77.08 sq.m (829.68 sq. ft.).<br/><br/>Landing<br/>with stairs to second floor, doors to.<br/><br/>Reception: 3.92m x 2.65m<br/>with door to.<br/><br/>Archive Room: 3.58m x 3.95m.<br/><br/>Office 10: 5.28m x 3.72m.<br/><br/>Office 9: 3.53m x 5.08m.<br/><br/>Office 8: 3.54m x 3.97m.<br/><br/>No. 40 Station Road<br/><br/>Net Internal Area: 69.29 sq.m. (745.83 sq. ft.).<br/><br/>Landing<br/>with stairs to ground and second floor, doors to.<br/><br/>Meeting Room 1: 2.41m x 2.71m<br/>accessed off reception area.<br/><br/>Meeting Room 2: 3.58m x 3.99m.<br/><br/>Office 7: 2.92m x 4.01m.<br/><br/>Office 6: 4.23m x 3.98m (max) – L-shaped<br/><br/>Office 1: 5.09m x 3.61m.<br/><br/>Print Room: 3.71m x 2.06m with door to.<br/><br/>No. 42 Station Road<br/><br/>Net Internal Area: 83.83 sq.m (902.34 sq. ft.).<br/><br/>Corridor<br/>with doors to.<br/><br/>Store Cupboard: 3.22m x 1.27m.<br/><br/>Office 5: 3.06m x 4.26m.<br/><br/>Office 4: 2.56m x 4.15m.<br/><br/>Office 3: 2.05m x 5.08m.<br/><br/>Office 2: 4.22m x 5.47m<br/>with doors to.<br/><br/>Store Room 1: 1.75m x 3.40m<br/>with access to.<br/><br/>Store Room 2: 1.75m x 1.88m.<br/><br/>Landing<br/>with stairs to ground and second floor, doors to.<br/><br/>Former Staff Room: 4.84m (max) x 4.15m (max) – L-shaped<br/>with doors to.<br/><br/>W.C. Facilities<br/><br/>Rear Landing Area<br/>with stairs to ground floor, door to.<br/><br/>W.C. Facilities<br/><br/>SECOND FLOOR<br/><br/>Net Internal Area: 204.42 sq.m (2,220.37 sq. ft.)<br/><br/>No. 38 Station Road<br/><br/>Net Internal Area: 56.29 sq.m. (605.90 sq. ft.).<br/><br/>Landing<br/>with stairs to first floor, doors to.<br/><br/>Office 11: 5.28m x 3.73m.<br/><br/>Office 12: 7.39m x 5.11m.<br/><br/>No. 40 Station Road<br/><br/>Net Internal Area: 69.72 sq.m. (750.46 sq. ft.).<br/><br/>Landing<br/>with stairs to first floor, doors to.<br/><br/>Staff Kitchen: 1.81m x 1.82m<br/>with doors to.<br/><br/>Store Room: 3.56m x 4.89m.<br/><br/>W.C. Facilities<br/>comprising two toilet cubicles.<br/><br/>Office 13: 7.25m (max) x 9.05m (max) – L-shaped<br/>with door to.<br/><br/>No. 42 Station Road<br/><br/>Net Internal Area: 78.41 sq.m. (844.01 sq. ft.).<br/><br/>Corridor<br/>with doors to.<br/><br/>Office 14: 2.98m x 5.41m.<br/><br/>Office 15: 3.28m x 5.37m.<br/><br/>Office 16: 3.20m x 5.39m.<br/><br/>Office 17: 2.22m x 5.40m.<br/><br/>Office 18: 3.07m x 5.40m.<br/><br/>Landing<br/>with stairs to first floor.<br/><br/><b>Rates</b> - As stated on the VOA website the Rateable Value for the subject premises is as follows:<br/><br/>Ground Floor<br/><br/>38 Station Road: £13,500 (Rateable Value)<br/><br/>40a Station Road: £6,800 (Rateable Value)<br/><br/>First/ Second Floors<br/><br/>38-40 Station Road: £15,750 (Rateable Value)<br/><br/>42 Station Road: £11,500 (Rateable Value)<br/><br/>From 1st April 2026, there are three multipliers which may apply to a property in Wales. The provisional multipliers announced for 2026-27 are as follows.<br/><br/>•A retail multiplier of 0.350, applicable to small to medium sized retail shops with a rateable value below £51,000.<br/><br/>•A standard multiplier of 0.502, applicable to most other properties.<br/><br/>•A higher multiplier of 0.515, applicable to properties with a rateable value above £100,000.<br/><br/>We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .<br/><br/><b>Vat</b> - All figures quoted are exclusive of VAT.<br/><br/><b>Terms & Tenure</b> - The subject premises is available Freehold, which is subject to the following tenancies disclosed within the tenancy schedule below:<br/><br/>No. 38 Station Road (Ground Floor) - Let to Cash & Carry Carpets (currently holding over), subject to a rent passing of £12,000 per annum (exclusive). A proposed new effective 6 year lease is to be negotiated (subject to contract)<br/><br/>No 40 Station Road (Ground Floor) - Let to Clee Tompkinson Francis Estate Agents (currently holding over), subject to a rent passing of £12,000 per annum (exclusive). A proposed new effective 6 year lease is to be negotiated (subject to contract).<br/><br/><b>Viewing</b> - By appointment with Sole Agents:<br/><br/>Astleys Chartered Surveyors<br/>[use Contact Agent Button]<br/>[use Contact Agent Button]<br/><br/>
