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Industrial
Port Talbot
Acting on behalf of R G D Thomas, Lambert Smith Hampton and King Sturge have let the former Panasonic Premises at Baglan, Port Talbot. The property has been leased to Owens Road Services for a term of 15 years. The initial average rent is £2.50 psf rising to £4.00 and £4.50 commencing in the fifth and 10th year, producing an overall
average rent of £3.67 psf.
The prominent manufacturing/distribution facility which amounted to 141,017 sq ft was acquired by LSH on behalf of R G D Thomas in March 2007.
The tenants were represented by Terry Knipe Associates.