Property Description

•Immediately available For Sale/May Let a detached retail warehouse and premises providing approximately 1452sq.m (15621sq.ft) GIA together with a further 938sq.m (10,092sq.ft) GIA of mezzanine floor.

•The property has the benefit of a planning consent for Furniture Sales and Storage and is considered suitable for a variety of retail warehouse/trade counter or general industrial and warehousing use subject to the obtaining of any necessary change of use planning consent

•The property is situated in a prominent and convenient location fronting Heol Mostyn the main vehicular thoroughfare serving the Village Farm Industrial Estate at Pyle, near Bridgend

•Immediately available For Sale freehold tenure and with full vacant possession inviting offers in excess of £825,000. A letting of the property may be considered under terms of a new Full Repairing and Insuring Lease for a term of years to be agreed at a rental of £85,000 per annum exclusive.

LocationThe property is situated in a prominent and convenient location fronting Heol Mostyn at the entrance of the Industrial Estate with occupiers in close proximity including Greggs the bakers, Trade Counter Warehouses, Woodcraft DIY and Pyle Garden Centre.

The Village Farm Industrial Estate is strategically located lying just 1 mile or so from Junction 37 (Pyle Interchange) of the M4 Motorway with Cardiff lying approximately 25 miles to the east and Swansea approximately 15 miles to the west.

DescriptionThe property briefly comprises a detached industrial/warehouse unit that is constructed with brick and blockwork elevations around a steel portal frame and truss roof providing for clear span with 8m to eaves.

The property is finished with brick and blockwork elevations under a metal clad pitched roof. The property features a roller shutter door to the front elevation and a separate trade counter/customer entrance all opening out onto a tarmacadam surfaced car park and loading/unloading forecourt.

Internally, the property has the benefit of an ancillary café area, first floor office and substantial mezzanine floor.

AccommodationThe property briefly provides the following
accommodation:-
Building Footprint – 1386.53sq.m (14,919sq.ft)
First Floor Office – 65.28sq.m (702sq.ft)
Total Footprint – 1451.8sq.m (15,621sq.ft) GIA
A mezzanine floor provides additional
warehousing/display space of approximately
938sq.m (10,092sq.ft) GIA.

TenureThe property is immediately available For Sale freehold tenure and with full vacant possession inviting offers in excess of £825,000.

A letting of the property may also be considered, subject to status, under terms of a new Full Repairing and Insuring Lease for a term of years to be agreed at a rental of £85,000 per annum exclusive.

EpcEnergy Rating - Band D

Business RatesThe Valuation Office Agency website advises a rateable value of £39,750 effective from 1st April 2023 so rates payable 2023/24 of £21,266

Legal CostsEach party to be responsible for their own legal costs incurred in the transaction.

VatVAT is payable on sale price/rent

Anti-money Laundering RegulationsIn order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.

ViewingStrictly by appointment only through
sole marketing agents:

Messrs Watts & Morgan LLP
Tel: (01656) 644288
Email: [email protected]

Please ask for
Dyfed Miles or Matthew Ashman