Cramic Way
Port Talbot SA13 1RU
Consented Development Site · Land For Sale
·
5.95 AC
INVESTMENT HIGHLIGHTS
- Consented Development Site
- Several bus routes pass through the area, connecting Cramic Way to other parts of Port Talbot and beyond
- Adjacent to Port Talbot Parkway Station
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 5.95 AC |
1 LOT AVAILABLE
Lot
| Price | $1,860,119 |
| Price Per AC | $312,625.05 |
| Lot Size | 5.95 AC |
5.95 acre site, adjacent to Port Talbot station, with planning for three B1 Business Units within the first phase, and further scope for future development. Planning Permission for the consented scheme (P2020/0174) was granted on 13th January 2022.
DESCRIPTION
5.95 acre site, adjacent to Port Talbot station, with planning for three B1 Business Units within the first phase, and further scope for future development. Planning Permission for the consented scheme (P2020/0174) was granted on 13th January 2022. The scheme incorporates 3 blocks, currently shown as providing 4 units with provision for loading, 120 car parking spaces and a covered cycle store for 30 bikes. These high specification units have been designed to accommodation tech-businesses with a specific focus on the energy industry, geared towards the recent freeport status granted to Port Talbot. The Port Talbot Freeport is a strategic economic initiative aimed at boosting trade, investment, and economic activity in the region. Located in and around the town of Port Talbot, this freeport leverages the town's industrial heritage, strategic location, and existing infrastructure to create a hub for international trade and business growth. Ambitious projects such as ABP’s Floating Offshore Wind (FLOW) scheme have been given a significant boost with the grant of the freeport status. Significant additional UK Government Funding is also being offered to progress FLOW in Port Talbot which will undoubtedly create occupier demand from symbiotic occupiers.
