Lot 24 - 60 Station Road, Port Talbot, SA13 1LZ

  • Unconditional Online Auction Sale
  • Guide Price* : £113,000+
  • Bedrooms: 0


The property has been withdrawn from auction.

Lot 24 - Five Commercial Units, Boxing Gym, Storage Facility, Residential Flat



A three storey commercial premises comprising of five commercial units, a bike repairs store/storage facility, boxing gym and residential flat.

The property is partially tenanted and is currently achieving a rental income of £1,662 per month, although as there are two vacant units there is potential to increase this to approximately £2,441 per month. Based on our guide price this suggests a potential yield of 17.65% yield.

Subject to the relevant consents this property may be suitable for further development.

Prominently positioned in the main shopping thoroughfare of the town of Port Talbot, this property gains plenty of footfall. The property is situated on the main high street, amongst a number of independent and national retailers including Peacocks, JD Wetherspoon, Nationwide and HSBC. Port Talbot has also just won the bid for regeneration.

The property benefits from gas (disconnected) , water and electric (not tested).

We have been advised that no Vat is due on the sale of this property.


Floor Description Area Sq Ft Area Sq M
Ground Floor Unit 1 301.38 28.0
Unit 2 150.69 14.0
Unit 3 150.69 14.0
Unit 4 150.69 14.0
Unit 5 150.69 14.0
Basement Bike Repairs/Storage Unit Not measured Not measured
First Floor Boxing Club 1322.02 122.82
Flat Not measured Not measured


Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Unit 1 (Ground Floor) TBC 31/10/2023 been in situ since Jan 2023 5 years £400 pcm
Unit 2 (Ground Floor) TBC Nov 2023 - Nov 2024 1 year £300 pcm
Unit 3 (Ground Floor) TBC Nov 2023 - Nov 2024 1 year £150 pcm
Unit 4 (Ground Floor) Vacant Vacant Vacant Vacant
Unit 5 (Ground Floor) Vacant Vacant Vacant Vacant
Boxing Club (First Floor) TBC Nov 2023 - Nov 2028 5 years £325 pcm
Flat 1 (First Floor) Occupational Tenancy Nov 2023 - Nov 2024 1 year £317 pcm
Bike Repairs/Storage Unit (Basement) TBC Nov 2023 - Nov 2024 1 year £170 pcm


Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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