Property Description

•Immediately available For Sale a fully let 3-storey town centre investment property well located within Bridgend Town Centre.

•Briefly comprises of ground floor retail unit with first and second floor offices Let to Peter Alan Limited

•Well located property within Bridgend Town Centre with occupiers in close proximity including HSBC, Boots and The Post Office.

•Immediately available For Sale freehold tenure as a fully let investment property at an asking price of £160,000

LocationThe property is situated in a prominent location fronting Dunraven Place within Bridgend Town Centre.

Occupiers in close proximity include HSBC, Boots and The Post Office.

Bridgend is the administrative and retail centre serving Bridgend County Borough with the town attracting a number of High Street banks and multiple retailers.

DescriptionThe property briefly comprises of a traditionally built 3-storey town centre shop and premises that briefly comprises of a self contained ground floor retail unit and self-contained first and second floor accommodation over.

The property as a whole is let to Peter Alan Limited.

AccommodationThe property briefly provides the following
accommodation:-

Ground Floor:
Retail Sales – 88.5sq.m (953sq.ft) NIA
Ground Floor Ancillary – 15.8 sqm (170 sq.ft) NIA

First Floor Ancillary : 48.6 sq.m (523 sq.ft
Second Floor Ancillary : 34.7sq.m (374 sq.ft)

TenureThe property is to be sold Freehold tenure subject to and with the benefit of the following occupational lease:-

Building as a whole– Let to Peter Alan Limited under terms of a secure FRI lease expiring 14th July 2029 at a rental of £15,000 per annum exclusive.

Sale Price£160,000

EpcBand C

VatAll figures quoted are exclusive of VAT if applicable.

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

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
joint selling agents:

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

Please ask for
Dyfed Miles or Matthew Ashman

Or

Calan Retail
For the attention of Nick Golunski
Tel: 02920 537714
Email [email protected]