No longer on the market
This property is no longer on the market
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Auction
Property
Features and description
- Advised Freehold - to be verified by solicitor
FOR SALE BY AUCTION - -Eight Fully Tenanted Industrial Units
An opportunity to acquire eight fully tenanted industrial units situated on the site of the former Ferrari's bakery.
The site has been renovated significantly over the last few years, with all units benefiting from new cladding (including most of the roofs), new electrics, new roller shutters CCTV and security fencing.
The site is situated in a convenient position adjacent to the AA65 Heads of the Valley trunk road, an increasingly important gateway for business in South Wales.
The units are fully tenanted on fully repairing and insuring leases, and are currently achieving an annual rental of £28,964 based on our guide price, the site is achieving a 12.87% yield.
Tenure:
Advised Freehold - to be verified by solicitor
An opportunity to acquire eight fully tenanted industrial units situated on the site of the former Ferrari's bakery.
The site has been renovated significantly over the last few years, with all units benefiting from new cladding (including most of the roofs), new electrics, new roller shutters CCTV and security fencing.
The site is situated in a convenient position adjacent to the AA65 Heads of the Valley trunk road, an increasingly important gateway for business in South Wales.
The units are fully tenanted on fully repairing and insuring leases, and are currently achieving an annual rental of £28,964 based on our guide price, the site is achieving a 12.87% yield.
Tenure:
Advised Freehold - to be verified by solicitor
About this agent
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.