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16 & 16a John Street, Porthcawl

£325,000

£202.37 per sq ft

Business rates & charges may apply

Harris & Birt, Cardiff
SIZE AVAILABLE

1,606 sq ft

149 sq m

SECTOR

High street retail property for sale

Key features

  • Mid terrace mixed use part incoming producing investment with ground floor retail unit and a two bedroom self contained maisonette flat
  • Total Net Internal Area (NIA) circa 1,606 sq ft (149.2 sq m) over ground, first and second floors
  • Ground floor retail unit let at £13,500 per annum
  • Ideal opportunity for owner occupier or investor
  • Located on John Street within close proximity to Porthcawl Sea Front & Promenade
  • Freehold subject to existing ground floor lease which expires on 24th July 2039 and vacant possession of the flat
  • Available immediately
  • EPC Rating: GF Retail E (101)
  • EPC Rating: FF Flat E (52)

Description

Opportunity to acquire a mid terrace part income producing investment with ground floor shop let on a long term lease and a vacant self contained two bed maisonette flat above.

Location - Porthcawl is a vibrant town in the Bridgend County Borough located on the south coast circa 25 miles west of Cardiff and circa 19 miles south east of Swansea. From Junction 37 (Pyle) of the M4 Motorway Porthcawl is a short drive on the A4229. Alternatively, it is accessible from Junction 35 (Pencoed) via the A473.

The property itself is located on John Street within Porthcawl Town Centre on the main retail pitch and within close proximity to the sea front and Promenade. Porthcawl is popular with holiday makers and day trippers alike and offers local amenities, good transport links and continued regeneration plans.

Description - The property comprises a mid terrace mixed use part income producing investment with ground floor retail and a self contained first / second floor two bedroom maisonette flat above which extends into the attic.

The ground floor is currently let and provides an additional seating area and WC facilities for the adjacent Cafe. The first floor / second floor provides a large two double bedroom maisonette flat which is well presented and accessed via the front corridor adjacent to the shop. The flat comprises a kitchen, lounge, dining room, two double bedrooms and a bathroom. There is potential to add a further single bedroom subject to obtaining the necessary planning consents. Furthermore there is a basement which provides additional storage.

Accommdation - From measurements taken onsite, we have calculated the following approximate Areas:

16 John Street
Ground Floor:
Retail Area - 537 sq ft (49.88 sq m)

The above measurements are on a Net Internal Area (NIA) basis.

16a John Street
Basement:
Unmeasured

Ground / Upper Ground Floor:
203 sq ft (18.86 sq m)

First/Second Floor:
866 sq ft (80.45 sqm)

The above measurements are on a Gross Internal Area (GIA) basis.

Total Area: 1,606 sq ft (149.20 sq m)

Services - We have not tested any of the service installations and prospective occupiers are advised to satisfy themselves independently as to the state and condition of such items prior to the transaction completing. The property benefits from mains electricity, gas, water and drainage. We understand that 16 & 16a benefit from their own self contained mains services.

Price - £325,000 exclusive.

Tenure - Freehold subject to the existing ground floor retail tenancy and subject to vacant possession of the flat.

Tenancy Information - The ground floor is let on a 20 year lease from 25th July 2019 which expires on 24th July 2039 at an annual rent of £13,500. There are 5 yearly Rent Reviews. Further lease information is available on request.

Business Rates - We have made online enquiries to the Valuation Office who confirm the following:

Ground Floor 16-18 John Street
Rateable Value: £22,500
Uniform Business Rate (UBR) 2024/25: 56.2
Gross Rates Payable: £12,645.00

We advise all interested parties to make their own enquiries with the Valuation Office Agency and Local Authority in this regard.

Council Tax - We have made online enquiries to the Local Authority who confirm the following:

16a John Street
Council Tax Band: B

We advise all interested parties to make their own enquiries with the Local Authority in this regard.

Vat - All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction. However, in this instance we understand that VAT is NOT payable.

Plans, Areas & Schedules - Any plans within these particulars are published for illustration purposes only and are not to scale.

Epc Rating - 16 John Street: E (101)
16a John Street: E (52)

Anti Money Laundering - As part of our obligation under the UK Money Laundering Regulations 2017, Harris & Birt will require any purchaser or tenant to provide proof of identity along with any other supporting documents requested.

Arrange A Viewing - Strictly by appointment only with the sole agents Harris & Birt.

Please contact our office on , or email , to arrange a viewing appointment.

Contact: Daniel Jones BSc (Hons) MRICS
or
Kelly Lakin BSc (Hons) MNAEA (Comm)

Brochure created 10/03/2025 - Ref: RCW68

Brochures

16 & 16a John Street, Porthcawl

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pyle Station3.4 miles
  • Tondu Station6.8 miles

About Harris & Birt, Cardiff

Caerphilly Road, Rhiwbina, Cardiff, CF14 4QF

Notes

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Disclaimer - Property reference 33758028. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harris & Birt, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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