Unit B9, New Street, Bridgend Industrial Estate, Bridgend, CF31 3UD
Size
12,639
Tenure
Leasehold
EPC
Parking
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- Primary use
- Distribution warehouse
No floor / site plan
Key features
- 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.
Description
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).
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.
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- Yard depth
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- Business rates
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- Use class
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- Listed building
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- Tenure
- Leasehold
- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Unit B9, New Street, Bridgend Industrial Estate, Bridgend, CF31 3UD
About Cooke & Arkwright Limited, Industrial Agency
Cooke & Arkwright is one of the leading firms of Chartered Surveyors in Wales. The practice has played a principal role in the Welsh property market and been integral to its development, providing professional advice and commercial property services for over 100 years. Our in-depth knowledge and understanding of property market trends in the region and beyond is probably unrivaled.
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Disclaimer - Property reference 376453-1. 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 Cooke & Arkwright Limited, Industrial Agency. 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.