Triax Headquarters, Units 9, 10 & 14-17, Treorchy
Treorchy, CF42 6DL

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Max Wood

The Agent

Max Wood
Surveyor

02920 346336
Nick Lawley

The Agent

Nick Lawley
Director

02920 346333
Brochure

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Specification

  • INDUSTRIAL, INVESTMENT
  • 29,834 sqft (2,772 sqm)
  • For sale
  • Offers in excess of £1,300,000

Location

Treorchy is located in the county of Rhondda Cynon Taff. It is 10 miles west of Pontypridd via the A4052 and 17 miles west of Merthyr Tydfil via the A4601 and A465 (Heads of the Valley Road). Junction 34 of the M4 Motorway is situated approximately 20 miles south in Cardiff, the capital city of Wales. Access to major road infrastructure is via the A470 (10 miles east) leading to the M4 Motorway. The A465 Heads of the Valley Road is accessed either via the A470 or via A4061. The Heads of the Valley Road has undergone an £800million phased dualling scheme which has further improve accessibility and journey times.

Description

The property comprises a portal frame industrial building across 6 bays providing manufacturing and warehouse space. Units 9 & 10 are currently vacant while units 14-17 are to be let to Triax UK Ltd.

Each individual unit has a two story office/amenity block and in the future the estate is capable of being subdivided to create six units.
The warehouses have a minimum eves height of 4.6m with apex rising to 6m. Each unit has a single roller shutter door opening onto the yard and benefit from individual utilities.

There is a substantial yard area at the front of the property with the overall site area comprising 3.49 acres.

The specification includes;

  • Opportunity to aquire an industrial investment located on a well established industrial estate with significant value add potential.
  • Well-positioned to access the Valley areas, Pontypridd and Cardiff City Centre.
  • Comprises 29,834 sq. ft on a large site extending to 3.49 acres.
  • Units 14-17 comprising 20,854 sq. ft will be let simultaneously from completion of the sale on a new 5 yr lease with a break at yr 3 to Triax UK Ltd at a rent of £99,056.50 per annum (£4.75 psf).
  • Units 9 & 10 are vacant and present opportunity to add value through letting this space.
  • Strong future rental growth prospect.
  • Longer-term alternative use angles (subject to planning).
  • Freehold.

Situation

Abergorki Industrial Estate is located just off Ynyswen Road on the northern edge of Treorchy where it adjoins the village of Treherbet. Junction 34 of the M4 Motorway is approximately 20 miles south via the A4061 and A4119. Pontypridd is situated approximately 10 miles to the east via the A4052 and is one of the largest towns in the South Wales Valleys area. The immediate vicinity benefits from a number of large, well-established occupiers including Screwfix and Thomas Lloyd Furniture, amongst others. Forest View Medical Centre and two schools are nearby and the area to the north and east is predominantly residential. Within a 5-minute walk from the premises is Bute Street which offers a bustling parade of local and national retail operators including Spar, Subway, Greggs, Iceland and the Principality Building Society.

Value add opportunities

There is an opportunity to add value through letting the two vacant units on the property through capitalising on the strong tenancy demand in the area. Demand remains strong in the industrial market, with developers continuing to focus attention on schemes catering to the sub 5,000 sq. ft market. This has maintained the highest number of individual transactions in line with region dynamic of growth and expansion of many enterprises across the region.

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Cooke & Arkwright has advised Telereal Trillium on a wide variety of development sites and properties all over Wales . They consistently deliver the levels of local knowledge, expertise, initiative and successful outcomes that you need when running a large UK wide portfolio.

Mark Kelly, Director, Development & Disposals, Telereal Trillium