Royal Mail Delivery Office, Maritime Industrial Estate

Single let industrial investment located in Pontypridd
Strategic location for servicing the Rhondda and Taff Valleys, just 7.5 miles to the M4, 1 mile to the A470 and 0.5 miles to Pontypridd town centre.

Delivery office / warehouse measuring 1,393.34 sq m (14,998 sq ft) on a site of c. 1 acre, benefitting from a large forecourt parking area and a secure rear loading yard.

A new 10 year lease in place from 29th September 2021 to the undoubted covenant (5A1) of Royal Mail Group Limited, with a 5th year tenant only break option.

Reversionary rental level - currently passing off £72,500 per annum (£4.84 per sq ft), but with rents for stock of a similar size in the surrounding geography reflecting as high as £6.50 per sq ft.

Location Description

Maritime Industrial Estate is a recognised and established industrial location positioned to the south west of Pontypridd town centre.

The estate is accessed via Sardis Road, which in turn links to A4058.
The A4058 serves the Rhondda valley to the north and west of Pontypridd and connects to the A470 to the east, which provides dual carriageway access to Merthyr Tydfil, 12 miles to the north, and Cardiff, 12 miles to the south. The M4 (Junction 32) is 7.5 miles to the south, 11 minutes journey time by car. Pontypridd train station, which provides direct access to Cardiff Central (30 minutes journey time) is 0.5 miles to the north east and within walking
distance of the estate.

Availability

We are instructed to seek offers in excess of £1,250,000 (One Million Two Hundred and Fifty Thousand Pounds) for the freehold interest,
subject to contract and exclusive of VAT.

Terms

For Sale.