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£4,163 pcm | £49,950 pa

Industrial unit to rent

Modern Industrial/Warehouse Unit, 37 Aneurin Bevan Avenue, Brynmenyn Ind Est, Bridgend, CF32 9SZ

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Industrial unit
0 bedroom
0 bathroom

Property description

LOCATION
The property fronts Aneurin Bevan Avenue on the purpose built Brynmenyn Industrial Estate which was laid out in the mid 1980’s by Bridgend County Borough Council.

The estate is strategically located lying just 2 miles or so north of Junction 36 (Sarn Park Interchange) of the M4 so is well located then to serve the South Wales M4 Corridor.

DESCRIPTION
The property briefly comprises a modern detached workshop/warehouse unit that has been constructed to a modern design and specification around a steel portal frame with predominantly 5.3m to eaves and 6.5m to apex.

The property is constructed with brick and blockwork to lower elevations and double insulated steel colour coated cladding to roof and upper elevations with the roof incorporating translucent light panels.

The property is currently configured as a two bay warehouse/workshop unit with internally constructed office/ancillary space.

The property is considered to be well configured having the benefit of roller shutter door access to both front and rear elevations opening out onto tarmacadam surfaced front and rear yard space which provides for good staff/customer car parking and loading/ unloading.

The property has the benefit of all mains services connected including 3-phase electricity.

ACCOMMODATION
Front bay.
Warehouse/production – 415.59 sq m (4472sq.ft)
Office/Ancillary: 83.69 sq m (900 sq.ft)
Rear Bay.
Warehouse/production – 499.68s qm (5376sq.ft)
Rear Extension: 134.18 sq m (1442 sq.ft)

TERMS
The property is immediately available To Let as a whole under terms of a new FRI Lease for a term of years to be agreed at a rental of £49,950 per annum exclusive.

A sale of the property would be considered at a sale price of £650,000 with the property being held long leasehold under terms of a 125 year lease from 1st of April 2003 (from freeholders Bridgend County Borough Council) at a peppercorn rental

OUTGOINGS
The Valuation Office Agency website advises a rateable value of £36,500.

VAT
All figures quoted are exclusive of VAT if applicable.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.

VIEWING
Strictly by appointment only through
Sole marketing agents:
Messrs Watts & Morgan LLP
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[use Contact Agent Button]

Please ask for Dyfed Miles or Sara Magness

Property information from this agent

  • Brochure PDF
    1. Watts

      Watts & Morgan - Commercial

      1 Nolton Street Bridgend CF31 1BX

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      Watts and Morgan’s Commercial and Professional department is based in Bridgend and offers a wide range of property services covering the South Wales area. Our areas of expertise include:- Commercial agency advice including disposals, acquisition and development appraisal across all property sectors Professional advice including valuation, rent review, lease renewal and rating advice Property Management Development advice for residential, commercial, industrial and leisure schemes RICS Registered Valuers reports and valuations Compulsory Purchase Compensation Strategic Asset Advice For more information or advice please call Watts and Morgan now.

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