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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
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