Log In/Sign up
Your email has been sent.
Western Ave 18,367 sq ft Industrial Property Bridgend CF31 3RT £350,000 (£19.06/sq ft) 16.57% Net Initial Yield
Investment Highlights
- Excellent connectivity
- Close proximity to local amenities
- Premier business location
Executive Summary
Detached industrial investment located on the established Bridgend Industrial Estate prominently positioned on Western Avenue. The property extends to approximately 18,367 sq ft on a site of 1.89 acres and is let to Sofa Icon Ltd producing a current income of £58,000 per annum.
The tenant occupies under a 10-year FRI lease from March 2023 with approximately 7 years unexpired and a rent review in March 2028.
The property benefits from steel portal frame construction, refurbished office accommodation, two electrically operated loading doors, LED lighting and a 6.3 tonne gantry crane.
The long leasehold interest is available immediately subject to the existing tenancy, offering investors a high-yielding industrial opportunity in an established South Wales commercial location close to Junction 35 of the M4 motorway.
The tenant occupies under a 10-year FRI lease from March 2023 with approximately 7 years unexpired and a rent review in March 2028.
The property benefits from steel portal frame construction, refurbished office accommodation, two electrically operated loading doors, LED lighting and a 6.3 tonne gantry crane.
The long leasehold interest is available immediately subject to the existing tenancy, offering investors a high-yielding industrial opportunity in an established South Wales commercial location close to Junction 35 of the M4 motorway.
Property Facts
| Price | £350,000 | Total Plot Size | 1.77 ac |
| Price per sq ft | £19.06 | Net Internal Area (NIA) | 18,367 sq ft |
| Sale Type | Investment | No. Floors | 1 |
| Yield | 16.57% | Year Built | 1962 |
| Tenure | Long Leasehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 2.47/1,000 sq ft |
| Property Subtype | Warehouse | Eaves Height | 16 ft 4 in (4.98 m) |
| Costar Property Class | C | No. Drive In / Grade-Level Doors | 2 |
| Price | £350,000 |
| Price per sq ft | £19.06 |
| Sale Type | Investment |
| Yield | 16.57% |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 1.77 ac |
| Net Internal Area (NIA) | 18,367 sq ft |
| No. Floors | 1 |
| Year Built | 1962 |
| Tenancy | Single |
| Parking Allocation | 2.47/1,000 sq ft |
| Eaves Height | 16 ft 4 in (4.98 m) |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Security System
- EPC - D
- Roller Shutters
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Western Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.