Unit B9, New Street, Bridgend Industrial Estate, Bridgend
Bridgend, CF31 3UD
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Summary
- Industrial
- 12,639 sq ft (1,174 sqm)
- For sale
- On Application
Location
The property occupies a central position on the Bridgend Industrial Estate, the premier industrial estate in Bridgend, and upon which other notable occupiers include Evri, Novomatic UK, Spectrum Technologies and Biomet. The estate is also popular with car dealerships with main brands including Bassetts Citroen and Chery, Omoda, Jaecoo, Gravells Kia, Vauxhall, together with large second hand car sales operators such as Nathaniel Cars and Car Supermarket. Bridgend is a town with a population of over 50,000, with 3 intersections to the M4 motorway and direct rail links with London.
Location
The property occupies a central position on the Bridgend Industrial Estate, the premier industrial estate in Bridgend, and upon which other notable occupiers include Evri, Novomatic UK, Spectrum Technologies and Biomet. The estate is also popular with car dealerships with main brands including Bassetts Citroen and Chery, Omoda, Jaecoo, Gravells Kia, Vauxhall, together with large second hand car sales operators such as Nathaniel Cars and Car Supermarket. Bridgend is a town with a population of over 50,000, with 3 intersections to the M4 motorway and direct rail links with London.
Property details
The overall site extends to 0.85 hectares (2.1 acres), upon which there is an office/workshop building of steel portal frame construction incorporating a mixture of brick work and profile steel sheet elevations. The roof is of profile steel sheet construction incorporating a number of translucent panels. The building is split into two, with part two-storey office accommodation, with solid first floor double glazed windows units and suspending ceilings. The second part is workshop accommodation with 3 large steel roller shutter doors opening onto the yard which is either surfaced with concrete or stone chippings. The total Gross Internal Area (GIA) is 1,174.13 Sq.M (12,639 Sq.Ft).
The specification includes;
- Long leasehold investment with substantial profit rent.
- Situated on the established Bridgend Industrial Estate.
- Leasehold interest covering 2.1 acres until September 2064.
- Current ground rent payable to freeholder £44,370 per annum.
- Sub tenancy to United Rentals UK Limited until 2nd July 2033 at a rent of £75,000 per annum.
- Opportunity to increase rent with upwards only review in July 2028.
- Estimated open rental value of building and premises is £100,000 per annum.
£37,204 per annum
Interested in this property?
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