TO LET/FOR SALE UNIT 14C WESTERN AVENUE BRIDGEND INDUSTRIAL ESTATE BRIDGEND CF31 3RT
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IMMEDIATELY AVAILABLE EITHER ‘TO LET’ OR FOR SALE A DETACHED INDUSTRIAL/WAREHOUSE UNIT SITUATED IN A HIGHLY PROMINENT LOCATION ON THE BRIDGEND INDUSTRIAL ESTATE, BRIDGEND.
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THE UNIT PROVIDES APPROXIMATELY 1,687 SQ M (18,157 SQ FT) GROSS INTERNAL AREA OF ACCOMMODATION ON A PLOT EXTENDING TO APPROXIMATELY 2 ACRES.
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IMMEDIATELY AVAILABLE FOR SALE LEASEHOLD TENURE BEING HELD UNDER TERMS OF A 99 YEAR LEASE FROM THE 1ST MAY 1981 AT A CURRENT GROUND RENTAL OF £34,800 PER ANNUM EXCLUSIVE. ‘TO LET’ AT A RENTAL OF £65,000 PAX.
www.wattsandmorgan.co.uk COMMERCIAL
1 Nolton Street, Bridgend, Wales, CF31 1BX Tel: (01656) 644293 Fax: (01656) 768279
UNIT 14C WESTERN AVENUE BRIDGEND INDUSTRIAL ESTATE BRIDGEND CF31 4RT
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[email protected] LOCATION Unit 14c is prominently positioned fronting Western Avenue on the Bridgend Industrial Estate, Bridgend. The Bridgend Industrial Estate is the premier estate within Bridgend County Borough with the estate home to both local and regional companies as well as multinationals. The estate is strategically located lying just one mile or so south of Bridgend town centre and approximately 2½ miles west of the M4 Motorway (Junction 35 interchange) via the A473 dual carriageway. DESCRIPTION The property briefly comprises a detached industrial/warehouse unit that is constructed to a modern design and specification around a steel truss frame with double insulated steel colour coated cladding to roof and elevations with the roof incorporating translucent light panels. The unit measures 5 metres to underside of steel truss frame with Bay No. 2 having the benefit of a 6.3 ton gantry and crane. The property is configured as two industrial/workshop bays together with a purpose built single storey office wing to the front elevation which provides for attractive open-plan office space/trade counter/showroom area. The property is set within a site extending to approximately 2 acres which provides for a concrete surfaced car park and loading/unloading forecourt together with 100% factory expansion land. The property has the benefit of all mains services connected including 3 Phase Electricity. ACCOMMODATION Office Wing – 150.3 sq m (1,617 sq ft). Industrial/Warehouse:o Bay 1 – 795.4 sq m (8,559 sq ft). o Bay 2 – 741.8 sq m (7,982 sq ft).
TENURE The property is available for sale leasehold tenure at an asking price of £495,000. The property is currently held leasehold tenure under terms of a 99 year lease from the 1st May 1981 at a current ground rental of £34,800 per annum exclusive. The lease contains 10-yearly rent review provisions with the next rent review due May 2021. GRANT/BUSINESS ASSISTANCE All enquiries to Welsh Assembly Government (Flexible Support for Business Unit) on 03000 603000 or Bridgend County Borough Council Economic Development Unit on 01656 815322. RENTAL The property is available ‘To Let’ under terms of a new lease on full repairing and insuring terms at a rental of £65,000 P.A. BUSINESS RATES The Valuation Office website advises a rateable value of £68,000 (2010 List).
LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction. EPC This property has an Energy Performance Rating of 85 which falls within Band D. VIEWING Strictly by appointment through sole letting agents: Messrs Watts & Morgan Tel: 01656 644288 Fax: 01656 768279 E-mail:
[email protected] Please ask for Dyfed Miles/Kate Harris.
Total Accommodation: 1,688 sq m (18,158sq ft).
Watts & Morgan is a trading name of Watts & Morgan LLP. Registered in Wales Partnership No. 0C306058 Registered Office 1 Nolton Street, Bridgend, Wales, UK, CF31 1BX Watts & Morgan LLP for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract; (ii) no person in the employment of Messer. Watts & Morgan has any authority to make or give any representation or warranty whatsoever in relation to this property.