Industrial to let in Unit 3 South Wales Distribution Centre, Kenfig Industrial Estate, Neath Port Talbot SA13

Description

Well located warehouse / production unit within established distribution centre. Close proximity to M4 Motorway.

Location

South Wales Distribution Centre is located between Swansea and Cardiff on the established Kenfig Industrial Estate. The site is visible from the M4 Motorway which is adjacent to the estate. Occupiers on the estate include Amazon, Bunzl Greenhams and John Pye Auctions

The estate is accessed from the M4 via the A4229 and B4283 from Junction 37 (3.5 miles) and via the B4283 from Junction 38 (1.5 miles). South Wales Distribution Centre provides a cost effective warehousing and distribution location, well situated to serve the whole of South Wales, the South West of England (via the M4 and M5 Motorway) and the Midlands via the A465 and M50 links.

Accommodation

Gross Internal Area 96,970 sq ft (9,008 sq m)

Tenure and terms

Unit 3 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.

Rent / price

£426,000 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £132,000 (2017 List) Multiplier 53.5 pence (2021/22) Rates payable £70,620 per annum (Excl). Please contact Neath Port Talbot County Council for additional information / verification.

Estate service charge / building insurance

Each occupier at South Wales Distribution Centre contributes towards the upkeep and maintenance of the common areas of the estate via an estate service charge - current annual budget and contribution for Unit 3 £16,550 (Excl.)

The Landlord insures the building and recovers the annual premium from the occupier - current annual premium applicable to Unit 3 is £21,192 (Excl.)

Legal costs

Each party responsible for their own legal costs.

Energy performance certificate

C-53

Further information

For additional information or to arrange a viewing please contact the joint agents - Jenkins Best or Knight Frank