Highfield Industrial Estate, Ferndale
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Light industrial facility for sale
Key features
- Commercial investment opportunity
- Mid terrace industrial unit circa 1,142sp ft (106 sq m)
- Let on a 10 year lease term from 15th July 2022 with 3 yearly Rent Reviews (to the greater of market rent or RPI) and a tenant only break clause on 5th year anniversary
- Guide Price £79,000 plus fees (please refer to legal pack)
- For sale via auction on 19th-21st May at 12.00pm
Description
Description - An opportunity to acquire a mid-link industrial unit which we are advised is let on a 10 year term from 15/07/2022 on full tenant repairing terms, at a rent of £9,762 per annum. The lease is subject to review in each 3rd year of the term to the greater of market rent or RPI. The lease is subject to a tenant only break clause at the fifth year of the term subject to 12 months prior written notice. Please refer to the legal pack for confirmation.
We understand that Unit 9 provides approximately 1,142 sq ft (106 sqm) of industrial accommodation with access roller shutter doors and a separate pedestrian entrance. The unit has not been inspected by us, but we believe that the accommodation comprises of office, workshop and toilet facilities. The Units are constructed from steel portal frame construction with brick and profiled metal cladding elevations and concrete roof panels. Each terrace has secured gated access to a large hardstanding area providing car parking and loading to the front of the units.
Guide Price - Guide Price of £79,000 (plus fees).
Auction Date & Time - Wednesday 21st May 2025 at 12pm. Venue: Online.
Tenure - See Legal Pack. Access available via Auction House Wales.
Viewing - Through Auction House Wales on , further information can also be obtained from Harris & Birt acting as joint auctioneers on .
Solicitors - Howells Solicitors, Fitzalan House. Ref: Howells Solicitors, Tel: .
Additional Fees - Buyer's Premium - £600 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of purchase price, subject to a minimum of £1,200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please refer to Auction House Wales for full information.
Brochures
Highfield Industrial Estate, Ferndale
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ystrad Rhondda Station1.6 miles
- Ton Pentre Station1.7 miles
- Treorchy Station2.0 miles
Notes
Disclaimer - Property reference 33851069. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harris & Birt, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Harris & Birt, Cardiff on 01446 501503.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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