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Industrial unit to rent

Ogmore Court, Abergarw Trading Estate, Bridgend
Industrial unit
Added > 14 days

Features and description

•Immediately available To Let/May Sell a modern semi-detached industrial/warehouse/business unit providing in total approximately 266 sq.m (2,860 sq.ft) Gross Internal Area of Accommodation.

•Located at Ogmore Court a privately owned development located on the Abergarw Trading Estate at Brynmenyn, near Bridgend.

•Immediately available To Let under terms of a new FRI Lease for a term of years to be agreed at an asking rental of £17,500 per annum exclusive also marketed on a “May Sell” basis virtual Freehold at a price of £265,000.

Location - The property is located on Ogmore Court, a privately owned development of 5 modern industrial/workshop/business units located on the Abergarw Trading Estate at Brynmenyn, near Bridgend. The estate is conveniently located lying just 1½ miles or so north of Junction 36 (Sarn Park Interchange) of the M4 Motorway. Cardiff lies approximately 23 miles to the east and Swansea 18 miles to the west.

Description - The property briefly comprises a modern semi-detached industrial/warehouse/business unit providing in total approximately 266sq.m (2,860sq.ft) Gross Internal Area of Accommodation.

The property is constructed to a modern design and specification around a steel portal frame providing clear span with 5.7m to eaves.

The property is constructed with brick and block work to lower elevations and double insulated steel colour coated cladding to roof and upper elevations with the roof incorporating translucent light panels. The property has the benefit of powder coated aluminium double-glazed windows and 2 pedestrian entrance doors.

A roller shutter door to the front elevation opens out on to a concrete service yard providing for adequate parking and loading/unloading

Tenure - The property is immediately available To Let under terms of new Full Repairing and Insuring Lease for a term of years to be agreed at a rental of £17,500 per annum exclusive.

A virtual freehold sale of the property at a sale price of £265k would be considered (Property is held under terms of a 999 year lease from 2008 at a peppercorn rental.)

Business Rates - The Valuation Office Agency website advises a rateable value of £12,000 so rates payable 2024/25 of £6,420 per annum.

Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.

Epc - Pending

Vat - All figures quoted are exclusive of VAT if applicable.

Anti Money Laundering - In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.

Viewing - Strictly by appointment only through
sole letting/selling agents:

Messrs Watts & Morgan LLP
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Please ask for
Dyfed Miles or Matthew Ashman

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About this agent

Watts & Morgan - Commercial
Watts & Morgan - Commercial
1 Nolton Street Bridgend CF31 1BX
01656 376758
Full profileProperty listings
Watts and Morgan’s Commercial and Professional department is based in Bridgend and offers a wide range of property services covering the South Wales area. Our areas of expertise include:- Commercial agency advice including disposals, acquisition and development appraisal across all property sectors Professional advice including valuation, rent review, lease renewal and rating advice Property Management Development advice for residential, commercial, industrial and leisure schemes RICS Registered Valuers reports and valuations Compulsory Purchase Compensation Strategic Asset Advice For more information or advice please call Watts and Morgan now.
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