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Unit 4 Highfield Industrial Estate, Ferndale, Rhondda Cynon Taf, CF43 4SX

For Sale

Unit 4 Highfield Industrial Estate, Ferndale, Rhondda Cynon Taf, CF43 4SX

Price
£122,500 Guide Price
Rent
£10,400 P.A.
Yield
8.5%
Brochure

Location

Highfield Industrial Estate is located in Ferndale, which is approximately 18 miles north west of Cardiff, 36 miles east of Swansea and 15 miles north of Bridgend. The estate is situated next to the A4233, providing access to the A470 dual carriageway and subsequently J32 of the M4 motorway. Ystrad Rhondda Railway Station is within close proximity. The area has seen significant inward-investment to support growth and the focus of the strategy has been on local economic regeneration. This is supported by the Rhondda Cynon Taf Local Development Plan which identified Ferndale as one of a number of a key settlements integral to the Northern Strategy Area to act as a focal point for growth.
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Description

The estate consists of 11 terraces providing light industrial small starter units with the benefit of ancillary office accommodation and toilet facilities. Unit 4 provides approximately 1,200 sq ft (111.48 sq m) of industrial accommodation with c.4m eaves with accessed via roller shutter doors and a separate pedestrian entrance. Units are of steel portal frame construction with brick and profiled metal cladding elevations with concrete roof panels. Each terrace has secured gated access to a large hardstanding area providing car parking and loading to the front of the units.

Tenure

The property is available freehold subject to the existing tenancy.

Tenancy

The property is let to Christopher Emery and David Williams, they have been repairing cars for around 10 years and were previously at another unit which they have outgrown. They specialise at dealing with Gear Boxes, Collision Damage, Clutches, balancing and diagnostics The lease is for a term of 10 years from 22th Nov 2023 on full tenant repairing terms, at a rent of £10,400 per annum. The lease is subject to review in each 3rd year of the term to the greater of market rent or RPI. The lease is subject to a tenant only break clause at the fifth year of the term subject to 12 months prior written notice.

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If you are considering investing in commercial property or expanding your portfolio then contact the team at RE Investors.

Phone: 01788 296 216
Email: sales@reinvestors.co.uk
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