Industrial to let in Unit 3 Kenfig Industrial Estate, Port Talbot SA13

Location

Kenfig Industrial Estate is an established industrial location adjacent to the M4 motorway and in close proximity to both Bridgend and Port Talbot. Swansea is located approx 15 miles west and Cardiff approx 28 miles east. The estate is accessed from the M4 via the A4229 and B4283 from J37,3.5 miles and J38,1.5 miles.

Prominent occupiers in the immediate vicinity include John Pye Auctions, Michton, Solo Laundry Services, Amazon and Bunzi Greenhams.

Description

The property comprises of a tripple pitch, steel portal frame main building, with front single storey and two storey flat roof offices and staff accommodation. Staff car parking exists to the front of the building, together with a corner and side yard area, leading to 4 tailboard loading doors to the front elevation, two tailboard doors and other ground level doors to the side elevation. The warehouse / production accommodation is split into 6 bays.

The building occupies a site of approximately 5.1 acres (2.06ha)

Accommodation

Ground Floor Showroom & offices: 1,425.84 sq m
15,347 sq ft
First Floor Offices 594.60 sq m
6,400 sq ft
Ground Floor Warehouse/Production 7,808.00 sq m
84,045 sq ft
Total: 9,828 sq m 105,792 sq ft

Lower eaves warehouse has min eaves of 4.68 m with max of 7.21 m
High eaves warehouse has min eaves of 6.03m with max of 7.24 m

Rateable value

£180,000
(effective 1 April 2017)
ubr for Wales 2021/22 is 53.5p in the £

Lease terms

The client is looking to let the property on a new Fri lease, subject to condition, for a minimum term of 10 years.
Asking Rent: £476,100pax

Asking price

Alternatively, our client would consider a sale of the Freehold interest in the property:

Offers in the region of £4,950,000
This reflects a capital rate of £46.79 per sq ft

EPC

To be provided.

VAT

Our client reserves the right to charge vat on all payments.