Light industrial for sale in Unit 9 Aberavon Road, Baglan Industrial Estate, Port Talbot SA12

Offers in region of £1,365,000 (£52.09/sq. ft)
Light industrial for sale 26,207 sq. ft*
Interested in this property? Call +44 1792 738169 * or Request Details

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Property description

Location


The property is located within the heart of Baglan Industrial Estate, one of the main industrial locations in this part of South Wales. Junctions 41 & 42 of the M4 Motorway are located approximately two miles away. Swansea City Centre lies approximately 9 miles to the west, whilst Cardiff City Centre 35 miles to the east.

Prominent occupiers in the immediate vicinity include Howden Joinery, Screwfix, City Electrical Factors, Owens Road Transport, Warburtons Bakery and Freudenberg.description
The property comprises a semi-detached warehouse with surfaced yard area and car parking. The building is of steel portal frame construction over clad with metal sheeting. The warehouse has 7m (minimum) eaves height.

Vehicular access to the site is provided directly from the estate road via double gates opening up to the yard area and car park. Two large (5m high) roller shutter doors provide loading access from the yard area to the main warehouse. Pedestrian access is given to the side of the building which leads to the staff/office accommodation.

The building occupies a site of approximately 1.65 aces (0.67 ha).


Accommodation


Ground Floor: 2,314 sq m 24,907 sq ft
First Floor: 120 sq m 1,292 sq ft
Total: 2,254 sq m 26,207 sq ft


Rateable value


£70,500
(effective 1 April 2017)
ubr for Wales 2020/21 is 53.5p in the £tenure


Passing rent


The rent is stepped from £85,150pax (£3.25psf) to £104,150pa (£4.00psf), producing an average rent across the term of £3.64 psf.proposal
Seeking offers in excess of £1,365,000 (One Million, Three Hundred and Sixty-Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a capital value of £52 per sq. Ft, and the following yield profile:

Net Initial Yield: 5.89%
Equivalent Yield: 6.60%
Reversionary Yield: 7.25%

Assuming standard purchaser’s costs at 5.87%.


Further information


For further information or to arrange a viewing, please contact the sole agents, Hunt & Thorne Chartered Surveyors.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Hunt and Thorne, SA7 on +44 1792 738169 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hunt and Thorne, and do not constitute property particulars. Please contact Hunt and Thorne for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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