Light industrial for sale in Palmerston Trading Estate, Palmerston Road, Barry CF63

Industrial Warehouse with generous parking on Atlantic Trading Estate, Barry. A substantial 9,135 square feet (948 square meters gross), providing ample space for various industrial activities. And nestled within roughly 1.6 acres of land offering room for expansion or outdoor storage.

Unit 15b is currently occupied by several businesses: The property currently houses a gym, a workshop, and office space. Convenient pedestrian access and vehicle access by the 3 x full height roller shutter doors that remain in situ. The land to the rear has a planning application submitted for two detached light industrial units that has the potential to be redeveloped in future.

Opportunity Awaits:
This versatile industrial warehouse offers a canvas for growth, whether you're expanding your business or seeking a solid investment. With its generous size, prime location, ample parking, and pending development plans, it's a compelling proposition for business owners and investors alike.

The Location

Situated within the renowned Atlantic Trading Estate, this warehouse enjoys a strategic position in the heart of Barry's industrial hub. Proximity to major transport routes, including the B4267 and the A4055. Junction 33 of the M4 Motorway. Approximately 8 miles north, accessible via the A4050 and the A4232 dual carriageway.

Title

Freehold.

Additional Information

*Substantial parking is included, ensuring convenience for employees, clients, and deliveries.

**Investment Potential, The property represents an ongoing investment opportunity.

***A planning application is pending for the construction of two detached light industrial units, totaling an impressive 24,000 square feet approx. Subject to various consents.

****Temporary Units: Additionally, two temporary units are currently rented at the rear of the property until such time the planning is granted.

***** Estate Service Charge for Unit 15b, 6A2 & 6A3 to rear to March 24 was £4840.65 inc. VAT.

Rent Schedule Per Annum

Unit 15b
Tenant 1: £24,000
Tenant 2: £24,000
Tenant 3: £9,900
Tenant 4: £7,200
Tenant 5- £480
Tenant 6- £2,400

Land to Rear (tenants holding over)
Tenant 7: £13,200
Tenant 8: £4,320

Total: £85,500 per annum.

Epc Rating: D