Property Description

•Immediately available For Sale due to business relocation to a more central town centre location.

•Substantial and imposing three storey town centre period property briefly comprising of 4 No. Lock-Up Retail Units together with Ground, First and Second Floor Office accommodation.

•Immediately available For Sale part vacant possession and part let with current occupational arrangements producing a rental income of £25,100 per annum exclusive.

•Immediately available For Sale at an asking price of £495,000.

LocationThe property is situated in a prominent town centre location fronting Dunraven Place.

Occupiers in close proximity include HSBC Bank plc, Bridgend General Post Office, JD Weatherspoons Public House.

Bridgend is the principal commercial and retail centre serving the County Borough with the town enjoying excellent road and rail links with both Junctions 35 and 36 of the M4 Motorway within a 3 mile or so drive.

DescriptionThe property briefly comprises a substantial and imposing period property that has been externally renovated and refurbished within recent years to a high standard.

The property is built to a traditional masonry construction with rendered elevations under a tiled pitched roof.

The property comprises 3 No. attractive Lock-Up Retail/Kiosk Units fronting Old Stone Bridge and a separate Retail Unit fronting Dunraven Place together with a ground floor reception office together with substantial first and second floor office accommodation over.

To be offered up in part with vacant possession and in part subject to and with the benefit of occupational arrangements providing for a current rental income of £25,100 per annum exclusive.

The 4 No. Lock-Up Retail Units are let under formal lease agreements and the Ground, First and Second Floor office accommodation will be made available with full vacant possession.

The upper parts offer up obvious scope for reconfiguration and conversion for alternative use including residential subject to planning.

Occupational arrangements and floor areas are as set out on the attached Tenancy Schedule.

TenureThe property is immediately available For Sale freehold tenure subject to and with the benefit of occupational arrangements in part.

Asking Price£495,000

EpcEnergy Rating - Band B

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

VatAll figures quoted are exclusive of VAT if applicable.

Anti Money LaunderingIn 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 selling agents:

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

Please ask for
Dyfed Miles or Matthew Ashman