Light industrial facility for sale
Palmersvale Business Centre, Barry
£1,395,000
£105.68 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
13,200 sq ft
1,226 sq m
- SECTOR
Light industrial facility for sale
Key features
- Opportunity to acquire a fully let Industrial investment
- Total Gross Internal Area circa 13,200 sq ft (1,226.3 sq m) plus an additional 3 No units sold on 999 year Long Leaseholds
- Approximate site area of 1,22 acres (0.49 Ha) which includes the main estate roadway as per the enclosed plan
- Total income circa £109,675 per annum from April 2026 which reflects a Gross Initial Yield (GIY) of circa 7.9%
- Conveniently located in Barry with excellent transport links via the B4267 and A4055
- Freehold subject to existing lease agreements as per enclosed tenancy schedule
- Price £1,395,000 plus VAT
- EPC's available on request
- Available immediately
Description
Opportunity to acquire an industrial investment producing a total Income of £109,675 per annum from April 2026 which reflects a Gross Initial Yield (GIY) of circa 7.9%. The site itself equates to circa 1.22 acres (0.49 Ha) and includes the main estate roadway as per the enclosed plan.
Location - Palmersvale Business Centre is located in Barry, approximately 8 miles west of Cardiff. The site is accessed from Palmerston Road and benefits from excellent transport links via the B4267 and A4055. Junction 33 of the M4 motorway is easily reached via the A4050 and the A4231 dual carriageway, providing convenient connectivity to the wider South Wales region.
Description - Palmersvale Business Centre comprises 3 No terraces of industrial / hybrid units approximately built in 1990, associated parking and the main access roadway into the site. Block 2 comprises 2 No industrial units, Block 3 comprises 6 No industrial units and Block 4 comprises 1 No industrial unit. Units 4A-C have been sold off on a 999-year FRI long leasehold basis and equate to an additional 3,600 sq ft (334 sq m). The leaseholders are responsible for a peppercorn rent and service charge as per the enclosed tenancy schedule. Unit 4D remains part of the Freehold title.
Accommodation - From measurements taken onsite, we have calculated the following Gross Internal Areas:-
Block 2
2A-2D - 4,800 sq ft (445.93 sq m)
Block 3
3A - 3F - 7,200 sq ft (668.90 sq m)
Block 4
4D - 1,200 sq ft (111.48 sq m)
Total Gross Internal Area circa 13,200 sq ft (1,226.32 sq m).
Units 4A-4C are subject to 999 Year Leases on a FRI basis, responsible for peppercorn rent and service charge.
Total site area is approximately 1.22 acres (0.49Ha) which includes the main estate roadway as per the enclosed plan.
Services - The site benefits from mains electric, gas, water and drainage. We have not tested any of the service installations and prospective occupiers must satisfy themselves as to the state and condition of such items prior to completion.
Tenure - Freehold Title No WA890839 subject to the existing leases as per the enclosed tenancy schedule.
Price - £1,395,000 plus VAT.
However, should the property be sold via a Transfer of a Going Concern (TOGC) VAT will not be applicable.
Tenancy Schedule - Please refer to the enclosed tenancy schedule for full details. Copies of leases are available on request.
Service Charge - There is an annual fixed service charge levied for the upkeep of the common parts. Please refer to enclosed tenancy schedule for full details.
Planning - All prospective purchasers to make their own enquiries with the Local Authority in relation to planning. We understand that the current uses are longstanding and in compliance with planning policy.
Business Rates - We have made online enquiries of the Valuation Office and refer to the individual RV's within the enclosed tenancy schedule. However, we advise all interested parties should make their own enquiries with the Valuation Office Agency and Local Authority in this regard.
Energy Performance Certificate - Copies of the Energy Performance Certificates are available on request. Please refer to the tenancy schedule for the individual EPC ratings.
Vat - All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction. However, in this instance we understand that VAT is payable. Should the property be sold via a Transfer of a Going Concern (TOGC) VAT will not be applicable.
Legal Costs - Each party are to be responsible for their own legal costs occurred in this matter.
Plans, Areas & Schedules - Any plans have been prepared to the foremost accuracy based on Land Registry plans and are for illustrative purposes only. The accuracy of such plans are not guaranteed.
Anti Money Laundering - As part of our obligations under the UK Money Laundering Regulations 2017, Harris & Birt will require any purchaser or tenant to provide proof of identity along with any other supporting documentation requested.
Arrange A Viewing - Strictly by appointment only with the sole agents Harris & Birt. Please contact our office or email to arrange a viewing appointment.
Contact: Daniel Jones MSc BSc (Hons) MRICS or Kelly Lakin BSc (Hons) in the Land & Commercial team.
/ .
All Enquiries - Harris & Birt
65 High Street
Cowbridge
Vale of Glamorgan
CF71 7AF
Brochure created 12.01.26 Ref - ICW 31
Location - Palmersvale Business Centre is located in Barry, approximately 8 miles west of Cardiff. The site is accessed from Palmerston Road and benefits from excellent transport links via the B4267 and A4055. Junction 33 of the M4 motorway is easily reached via the A4050 and the A4231 dual carriageway, providing convenient connectivity to the wider South Wales region.
Description - Palmersvale Business Centre comprises 3 No terraces of industrial / hybrid units approximately built in 1990, associated parking and the main access roadway into the site. Block 2 comprises 2 No industrial units, Block 3 comprises 6 No industrial units and Block 4 comprises 1 No industrial unit. Units 4A-C have been sold off on a 999-year FRI long leasehold basis and equate to an additional 3,600 sq ft (334 sq m). The leaseholders are responsible for a peppercorn rent and service charge as per the enclosed tenancy schedule. Unit 4D remains part of the Freehold title.
Accommodation - From measurements taken onsite, we have calculated the following Gross Internal Areas:-
Block 2
2A-2D - 4,800 sq ft (445.93 sq m)
Block 3
3A - 3F - 7,200 sq ft (668.90 sq m)
Block 4
4D - 1,200 sq ft (111.48 sq m)
Total Gross Internal Area circa 13,200 sq ft (1,226.32 sq m).
Units 4A-4C are subject to 999 Year Leases on a FRI basis, responsible for peppercorn rent and service charge.
Total site area is approximately 1.22 acres (0.49Ha) which includes the main estate roadway as per the enclosed plan.
Services - The site benefits from mains electric, gas, water and drainage. We have not tested any of the service installations and prospective occupiers must satisfy themselves as to the state and condition of such items prior to completion.
Tenure - Freehold Title No WA890839 subject to the existing leases as per the enclosed tenancy schedule.
Price - £1,395,000 plus VAT.
However, should the property be sold via a Transfer of a Going Concern (TOGC) VAT will not be applicable.
Tenancy Schedule - Please refer to the enclosed tenancy schedule for full details. Copies of leases are available on request.
Service Charge - There is an annual fixed service charge levied for the upkeep of the common parts. Please refer to enclosed tenancy schedule for full details.
Planning - All prospective purchasers to make their own enquiries with the Local Authority in relation to planning. We understand that the current uses are longstanding and in compliance with planning policy.
Business Rates - We have made online enquiries of the Valuation Office and refer to the individual RV's within the enclosed tenancy schedule. However, we advise all interested parties should make their own enquiries with the Valuation Office Agency and Local Authority in this regard.
Energy Performance Certificate - Copies of the Energy Performance Certificates are available on request. Please refer to the tenancy schedule for the individual EPC ratings.
Vat - All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction. However, in this instance we understand that VAT is payable. Should the property be sold via a Transfer of a Going Concern (TOGC) VAT will not be applicable.
Legal Costs - Each party are to be responsible for their own legal costs occurred in this matter.
Plans, Areas & Schedules - Any plans have been prepared to the foremost accuracy based on Land Registry plans and are for illustrative purposes only. The accuracy of such plans are not guaranteed.
Anti Money Laundering - As part of our obligations under the UK Money Laundering Regulations 2017, Harris & Birt will require any purchaser or tenant to provide proof of identity along with any other supporting documentation requested.
Arrange A Viewing - Strictly by appointment only with the sole agents Harris & Birt. Please contact our office or email to arrange a viewing appointment.
Contact: Daniel Jones MSc BSc (Hons) MRICS or Kelly Lakin BSc (Hons) in the Land & Commercial team.
/ .
All Enquiries - Harris & Birt
65 High Street
Cowbridge
Vale of Glamorgan
CF71 7AF
Brochure created 12.01.26 Ref - ICW 31
Brochures
Palmersvale Business Centre, Barry
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cadoxton Station0.3 miles
- Barry Docks Station1.1 miles
- Dinas Powys Station1.6 miles
Notes
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