Commercial Property in SA13 available for sale
2

Commercial Properties for Sale near the SA13, Port Talbot

Explore the Latest SA13 Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the SA13, Port Talbot

More details for Talbot St, Maesteg - Leisure for Sale

Colonel North Memorial Hall - Talbot St

Maesteg, CF34 9BL

  • Leisure for Sale
  • £180,000
  • 2,040 sq ft
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More details for 27 Heol Tabor, Port Talbot - Specialist for Sale

Tabor Baptist Chapel - 27 Heol Tabor

Port Talbot, SA12 9PS

  • Specialist for Sale
  • £32,500
  • 324 sq ft
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More details for Neath Rd, Maesteg - Retail for Sale

Hartshorn House - Neath Rd

Maesteg, CF34 9EE

  • Retail for Sale
  • £135,000
  • 4,133 sq ft

Maesteg Retail for Sale

LONG LEASEHOLD INTEREST FOR SALE (88 YEARS UNEXPIRED), OFFERS IN THE REGION OF £135,000. We note the subject is held on a Long Leasehold interest for a term of 125 years from 12th March 1988 (88 years unexpired), which is subject to the payment of an initial Minimum Rent of £337.50 per half year or the Net Aggregate Underlease Rent (as overage). The Lease also has provisions for 5 yearly periodic rent reviews. At present, the subject premises benefits from the following rental income. Unit 3 - Occupied by My Aesthetics, producing a current rent passing of £250 pcm (£3,000 pa) plus service charge contributions of £45 per calendar month. We further advise that notice has been given by the Licensee to vacate the unit. Unit 6 - Occupied by Interiors in Bloom Florists & A1 Lettings and Sales, producing a current rent passing of £590 pcm (£7,080 pa) plus service charge contributions of £112 per calendar month. Unit 8 - Occupied by D&G Hair and Beauty, producing a current rent passing of £250 pcm (£3,000 pa) plus service charge contributions of £45 per calendar month. We further advise that notice has been given by the Licensee to vacate the unit. We have been advised that the previous expenditure for the subject premises was approximately £10,853 per annum, at 40% of the gross annual income, equating to a net rental return of approximately £16,098 per annum (if fully let), providing an attractive Gross Initial Yield (GIY) of 11.92%. The subject premises comprises a prominent corner ground floor retail unit forming part of an established landmark building, front the main intersection along the primary retail areas of Maesteg town centre. We note that the ground floor is currently subdivided to accommodate a number of smaller retail areas, forming part of a parade of independent units (known as Bowrington Arcade), which can be accessed internally off a communal corridor to the rear. Access over the ground floor accommodation is available via a stepped entrance off the main pedestrian walkway facing the main intersection, fronting the corner of Neath Road and Llynfi Road, while a secondary entrance point is also available over the side elevation, facing Upper Street. The individual retail units also appear to be supported by ancillary accommodation comprising communal w.c. facilities and additional storage areas to the rear of the communal corridor.

Contact:

Astley Chartered Surveyors

Date on Market:

30/01/2025

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FAQs about Commercial Properties For Sale in SA13

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How many Commercial Property listings are available for sale in SA13?
There are currently 2 Commercial Properties available for sale near SA13. These SA13 Commercial Property listings have an average size of. The largest available listing in SA13 is. The thriving commercial centre and excellent transport links in SA13 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in SA13?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in SA13 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in SA13?
There is a diverse range of commercial properties available in SA13 to suit various business needs. SA13 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 SA13 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the SA13, Port Talbot

You searched for commercial property for sale in SA13. Explore 2 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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