High Yielding Single Let Investment Opportunity
The property is located on Baglan Energy Park approximately 3 miles north west of PortTalbot town centre and alongside the M4. Totalling 180 acres the Energy Park is a well-established, private and public sectorinitiative led by St. Modwen, Neath Port Talbot Council and the Welsh Government. The Energy Park has attracted major projects with the GE combined-cycle gas turbine power plant approved in the late 1990s (opened 2003)andSofidel (800,000 sq ft opened in circa 2005). The on-site power plant can provide competitively priced electricity to businesses on the Park and nearby occupiers include SARPAK, RB, Montagne Jenuesse, ECOLAB and Netalogue. The Energy Park and the subject property are located within the Port Talbot Waterfront Enterprise Zone and an area known as “West Wales and the Valleys” which is currently eligible for thehighest level of grant and other financial assistance within the European Union (Convergence Programme 2014/2020).
Modern ‘BREEAM’ Excellent detached industrial unit with a total gross internal area of 95,517 sq ft (8,873.69 sq m) Site area of approximately 3.324 ha (8.21 acres) which provides a low site cover of only 23% Strategic location with easy access to the M4 motorway via Junction 41 Long-leasehold at a peppercorn, expiry 2125 Let to Hi-Lex Cable System Co. Ltd with surety from Hi-Lex Corporation Tenant’s FRI lease for a term of 15 years from 28 November 2003, with a revisionary lease extending the term by 2 years, expiring 27 November 2020 Current rental income £351,937 per annum Offers sought in excess of £2,750,000 (Two Million Severn Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would equate to a net initial yield of 12.03% after allowing for purchaser’s costs of 6.42%
The property is located on Baglan Energy Park approximately 3 miles north west of Port Talbot town centre and alongside the M4. Totalling 180 acres the Energy Park is a well-established, private and public sector initiative led by St. Modwen, Neath Port Talbot Council and the Welsh Government. The Energy Park has attracted major projects with the GE combined-cycle gas turbine power plant approved in the late 1990s (opened 2003) and Sofidel (800,000 sq ft opened in circa 2005). The on-site power plant can provide competitively priced electricity to businesses on the Park and nearby occupiers include SARPAK, RB, Montagne Jenuesse, ECOLAB and Netalogue. The Energy Park and the subject property are located within the Port Talbot Waterfront Enterprise Zone and an area known as “West Wales and the Valleys” which is currently eligible for the highest level of grant and other financial assistance within the European Union (Convergence Programme 2014/2020).
Established Business Location, Excellent Amenities Including Mercure Hotel, Lakeside Retail Park and Tesco.
The property is located on Phoenix Way, the main road through Swansea Enterprise Park, an established mixed use business location situated approximately 3 miles to the north east of Swansea City centre. Other occupiers within the vicinity include the DVLA, Broomfield & Alexander, Barclays Bank, Lloyds, HSBC, Tesco, Asda and Morrisons. Lakeside Retail Park is situated within close proximity and is home to a number of national multiple retailers, in addition, there is a three star Mercure Hotel in close proximity.
The general specification of the accommodation is as follows;Gas central heating system Air handling system Suspended ceilings with recessed lighting Double glazed windows Passenger lift Solid floors (under floor trunking to part of the ground floor) Perimeter trunking Kitchen and w.c’s on all floors Separate front, side and rear entrances
Floor Availability Sq Ft Sq M Ground Available 15,551 1,455 First Let 15,470 1,438 Second Available 2,264 210 Total 33,285 3,093 Total Availability 17,815 1,655
The above floor areas are on a NIA basis and are subject to re-measurement on an IPMS 3 basis in accordance with RICS property measurement, 1st Edition, May 2015.
FOR SALE / TO LET - 'Build to suit' packages available, 5 acre development site with planning for B1, B2 and B8 use classes.
The site is located adjacent to the Afon Gardens residential development in Brynmenyn. The property is less than 2 miles north of junction 36 (Sarn) of the M4 Motorway, and 4 miles north of Bridgend Town Centre. The site is bounded to the south and west by the Ogmore river, beyond which is the established Brynmenyn Industrial Estate. The Estate access road runs to the north-east of the site, alongside the adjacent, Afon Gardens residential scheme.
Strictly by appointment with the sole agents.
Offices To Let with 123 Car Parking Spaces
Innovation House is located in Llanharran, benefitting from a prominent frontage on to the main Bridgend Road (A473), which leads to Junction 35 of the M4 Motorway. In addition, Llanharran railway station is within a 15 minute walk of the property. Innovation House provides a range of modern offices within three separate properties. The subject property comprises of Block A&B, a two storey office situated to the rear of the site.
Part comfort cooled Gas central heating Suspended ceilings with recessed lighting Mix of raised access floors and solid carpeted floors Passenger lift Male/female and disabled WC's Intercom door entry system Designated platform area Existing fit-out including open plan offices, break out, training and comms room
Floor Size (sq ft) Ground 7,718 First 8,393 Total 16,111
Measurements are on a Net Internal Area basis in accordance with the RICS Code of Measuring Practing, 6th Edn. Floors areas are subject to re-measurement on an International Property Measurement Standards basis.
The property is available by way of a new full repairing and insuring lease, for a term to be agreed or by way of a freehold sale. Full details are available on application.
Langdon House Offices To Let/Buy
Situated close to the main Gateway entrance to SA1 and yet within a 5 minute walk of the main retailing area. Major employers such as Admiral Insurance, Morgan Cole and the Countryside Council for Wales are already well established in the locality and are taking advantage of the area's excellent road access, with junction 42 of the M4 motorway situated less than 10 minutes away. In addition, the high speed rail links at Swansea Central Station and Port Talbot parkway are readily and easily accessible. The excellent cycle network and the new leisure and fitness centre at the Village Inn a short walk from Langdon House.
Gas central heating boiler in every suite Exposed concrete ceiling structure with suspended lighting Solid floors incorporating cable and data trunking Double glazed opening windows with window blinds Capped off waste and water supply for tea points Swipe car security access and intercom linked to the carpark and main building entrances Intercom and barrier controlled entrance to car park Disabled access and facilities
Unit Floor Size (NIA) Size (GIA) Car Parking Spaces Ground - Unit 2 Ground 2,782 sq ft 2,924 sq ft 6 2nd Floor - Unit 12 Second 2,762 sq ft 2,905 sq ft 7
GIA - Gross Internal Area
NIA - Net Internal Area
Measurements are on a Net Internal Area and Gross Internal Area basis in accordance with the RICS Code of Measuring Practice, 6th Edn. Floor areas are subject to re-measurement on an International Property Standards basis.
The accommodation is available by way of a new effective full repairing and insuring lease on terms to be agreed. The units are also available by way of a long leasehold sale.