Industrial unit for sale
Property description & features
- Tenure: Freehold
- Investment Opportunity
- £85,500 per annum
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 -
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