Caroline Street, Bridgend, Bridgend (County of), Mid Glamorgan, CF31

Town Centre Retail Parade Investment – Let to British Heart Foundation

Caroline Street, Bridgend, CF31 1DN
999-Year Leasehold | £160,000 | 2,298 sq ft | £15,000 p.a. Rent

A well-located town centre retail parade investment situated on Caroline Street, Bridgend. The property is let to British Heart Foundation, one of the UK’s largest and most established charity retailers, founded in 1961 and now operating from over 700 stores nationwide.

The property provides ground floor retail accommodation with first-floor ancillary space, along with access to a service yard to the rear. It forms part of a modern retail parade in a prominent town centre position opposite the Rhiw Shopping Centre and Indoor Market, benefiting from strong pedestrian flow and neighbouring national retailers.

Accommodation (Approx. GIA):

Ground Floor Retail: 104.33 sq m (1,123 sq ft)

First Floor Ancillary: 109.16 sq m (1,175 sq ft)
Total: 213.49 sq m (2,298 sq ft)

Tenancy Details:

Tenant: British Heart Foundation

Passing Rent: £15,000 per annum

Lease Term: 5 years from 24 March 2017 to 23 March 2022

Investment Highlights:

Located within an established retail parade on Caroline Street, Bridgend town centre

Let to national charity retailer British Heart Foundation

Prominent trading position opposite Rhiw Shopping Centre and Indoor Market

Surrounding occupiers include New Look, Sue Ryder, Subway, Burton, O2, JD Wetherspoon, and Boots

Excellent transport links via M4 (J35/36) and Bridgend railway station

999-year leasehold investment at an affordable price point

Strong potential for future rental re-gear or re-letting

Location:
Bridgend is a prominent South Wales market town positioned approximately 21 miles west of Cardiff and 24 miles east of Swansea. Caroline Street is one of the town’s main retail thoroughfares, home to a mix of national and regional occupiers and enjoying consistent daily footfall.

Transport Links:

Road: A406 and M4 motorway (J35/36)

Rail: Bridgend mainline station

Air: Cardiff International Airport

Tenure:
999-year leasehold

Price:
£160,000 (subject to contract)

VAT: VAT is applicable to this property. (However, TOGC can be applied if buyer has a VAT number and gets the option to tax on property)

*Property availability may be subject to change, please call our office to verify before proceeding with your enquiry or arranging a viewing. Unit sizes listed are approximate and price may vary, dependent on size or location of the units within the parade.
Misrepresentation Act 1967 Ivy Business centre Ltd for themselves, for any joint agents and for the vendors or lessors of this property whose agents they give notice that: 1: The details contained within these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. 2: All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to each of them 3: No person in the employment of Ivy Business centre Ltd or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. 4: All rentals and prices are quoted exclusive of VAT. *Unit sizes listed are approximate.