Light industrial for sale in Plot 11 Village Farm Industrial Estate, Pyle, Bridgend CF33, £825,000

825,000.00

Offer Nr.:
64848596
Type of ad:
for Sale
Property type:
Light industrial
Contact name:
Watts & Morgan
Phone(s):
01656 220997

* Freehold
•Immediately available For Sale/May Let a detached retail warehouse and
premises providing approximately 1452sq. m (15621sq. ft) gia together with a
further 938sq. m (10, 092sq. ft) gia of mezzanine floor.
•The property has the benefit of a planning consent for Furniture Sales and
Storage and is considered suitable for a variety of retail warehouse/trade
counter or general industrial and warehousing use subject to the obtaining of
any necessary change of use planning consent
•The property is situated in a prominent and convenient location fronting Heol
Mostyn the main vehicular thoroughfare serving the Village Farm Industrial
Estate at Pyle, near Bridgend
•Immediately available For Sale freehold tenure and with full vacant
possession inviting offers in excess of £825, 000. A letting of the property
may be considered under terms of a new Full Repairing and Insuring Lease for a
term of years to be agreed at a rental of £85, 000 per annum exclusive.
**Location**
The property is situated in a prominent and convenient location fronting Heol
Mostyn at the entrance of the Industrial Estate with occupiers in close
proximity including Greggs the bakers, Trade Counter Warehouses, Woodcraft diy
and Pyle Garden Centre.
The Village Farm Industrial Estate is strategically located lying just 1 mile
or so from Junction 37 (Pyle Interchange) of the M4 Motorway with Cardiff
lying approximately 25 miles to the east and Swansea approximately 15 miles to
the west.
**Description**
The property briefly comprises a detached industrial/warehouse unit that is
constructed with brick and blockwork elevations around a steel portal frame
and truss roof providing for clear span with 8m to eaves.
The property is finished with brick and blockwork elevations under a metal
clad pitched roof. The property features a roller shutter door to the front
elevation and a separate trade counter/customer entrance all opening out onto
a tarmacadam surfaced car park and loading/unloading forecourt.
Internally, the property has the benefit of an ancillary café area, first
floor office and substantial mezzanine floor.
**Accommodation**
The property briefly provides the following
accommodation: -
Building Footprint – 1386. 53sq. m (14, 919sq. ft)
First Floor Office – 65. 28sq. m (702sq. ft)
Total Footprint – 1451. 8sq. m (15, 621sq. ft) gia
A mezzanine floor provides additional
warehousing/display space of approximately
938sq. m (10, 092sq. ft) gia.
**Tenure**
The property is immediately available For Sale freehold tenure and with full
vacant possession inviting offers in excess of £825, 000.
A letting of the property may also be considered, subject to status, under
terms of a new Full Repairing and Insuring Lease for a term of years to be
agreed at a rental of £85, 000 per annum exclusive.
**Epc**
Energy Rating - Band D
**Business Rates**
The Valuation Office Agency website advises a rateable value of £39, 750
effective from 1st April 2023 so rates payable 2023/24 of £21, 266
**Legal Costs**
Each party to be responsible for their own legal costs incurred in the
transaction.
**Vat**
VAT is payable on sale price/rent
**Anti - Money Laundering Regulations**
In 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.
**Viewing**
Strictly by appointment only through
sole marketing agents:
Messrs Watts & Morgan llp
Tel: Email:
Please ask for
Dyfed Miles or Matthew Ashman

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: