The Vale of Glamorgan Council has agreed to put the 'Train Shed' at Barry Waterfront up for lease.

A report was heard and agreed in yesterday's cabinet meeting to market the site for commercial leisure use.

The property, which forms part of BSC2, was previously leased to Barry Railway Engineering Company (BRECO) Limited. The 'Train Shed is vacant', after the lease was terminated in 2020.

The building is located within the Innovation Quarter, a 19-acre portion of land purchased by the council with Welsh Development Agency grant aid, making the regeneration a joint venture between the Vale of Glamorgan Council and the Welsh Government.

The cabinet authorised the marketing of the 'Train Shed' and an estimated four parking spaces for a ten-year lease, with a break clause at five years.

Cabinet Member for Education and Regeneration Councillor Lis Burnett emphasised that the building is to be used for leisure/commercial purposes "which in turn would add to the offer available in this location".

"We'd be looking to rename the BSC2 as part of this redevelopment, because unless you're a local and have been here a while you wouldn't know what it is," said Cllr Burnett.

VOG Council Leader Cllr Neil Moore said: "It's an obvious way forward and it's a continuation of what is happening in the innovation quarter.

"It's a continued use of BSC2 for that sort of business and I agree that it goes forward." The approved report means that "authority be granted to the Head of Regeneration and Planning to utilise the commercial rental income for the maintenance of the building and that any surplus income (after deducting any income due for payment to the Welsh Government in accordance with the IQ Joint Venture) be reinvested into regeneration initiatives." "It is noted that the Council would currently receive 43.3% of the income from any lease, with the remaining 56.7% awarded to the Welsh Government, in relation to the Innovation Quarter Joint Venture Agreement between the Council and the Welsh Government. It is proposed that any surplus income be reinvested into to regeneration projects," reads the report. To date the multi-million-pound development projects delivered include along with the former Skills Centre building at the Innovation Quarter include:

• the award-winning Pumphouse conversion,
• Premier Inn and Brewers Fayre Restaurant,
• West Quay Medical Centre,
• the BSC (Business Services Centre) and
• the mixed-use conversion of Hood Road Goods Shed property and new ship container village and a new apartment block for Newydd Housing Association.

The report also states that the Council is in negotiations with Cardiff and Vale College to deliver a multi-million-pound state of the art college campus within the Innovation Quarter.

Read the full report HERE.