GELLIGRON INDUSTRIAL ESTATE, TONYREFAIL, RHONDDA CYNON TAFF, CF39 8ES

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Size: 2,773 sqft (257.62 sq m)

Price: £240,000


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Key features

  • Rare Freehold Multi-let Industrial Investment Opportunity
  • 5 No .light industrial / warehouse units
  • Fully income producing
  • 5 No. Tenants
  • Reversionary
  • Current Rent £20,100 per annum (Excl.)
  • Offers sought in excess of £240,000 (Excl.)

Well Let - Multi-let Industrial Freehold Investment

Description

Rare Freehold Multi-let Industrial Investment Opportunity - Gelligron Industrial Estate comprises a single terrace of five light industrial units of steel portal frame construction with brick elevations under a pitched profile metal clad roof.

Location

Gelligron Industrial Estate is centrally located close to the town centre and opposite Tonyrefail Leisure Centre with access directly off Waunrhydd Road. Tonyrefail is approximately 7 miles north of the M4 Motorway (J.34) at Llantrisant. The nearby A4119 provides excellent communications to the South Wales Valleys network and the M4.

Accommodation

The property comprises a terrace of 5 No. light industrial / warehouse units. The units are of steel portal frame construction with brick / block elevations and metal profile roof. Each unit benefits from its own roller shutter door (rear) and a separate front pedestrian / access door. Each units has separate service / utility supplies and tenants are responsible for their own use / payment to providers. Each unit has WC facilities. Externally the Landlord maintains the common areas of the estate  - the cost of the upkeep is recoverable via an estate service charge provision.

Tenure and terms

The multi-let investment is available to purchase Freehold subject to 5 tenancies - a copy of the tenancy schedule and leases are available on request. Current rental income £20,100 per annum (Excl.)

 

Tenant

Size Sq ft

Rent £ per annum

Lease Start

Lease Expiry

Unit 1

Softgel Solutions Ltd

556

4,025.00

24/06/2020

23/06/2023

Unit 2

ACP Environmental Ltd

553

4,025.00

03/06/2020

02/06/2023

Unit 3

G Ratcliffe Electrical Ltd

555

4,025.00

07/01/2020

06/01/2024

Unit 4

Mecpipe Installations Ltd

556

4,025.00

01/09/2020

31/08/2023

Unit 5

Classic Blinds Wales Ltd

553

4,000.00

12/04/2010

03/12/2023

 

 

2,773

20,100.00

-

-

Rent / Price

Offers sought in excess of £240,000 (Excl.) VAT payable in addition,

Rateable value

Each unit currently qualifies for 100% small business rates relief - an attraction for occupiers.

Estate service charge / building insurance

Details of current service charge budget available on request. A fully reconciled estate service charge is administered and each unit contributes. The Landlord insures the property and recovers the annual building insurance premium from the Tenants - details are available on request.

Legal costs

Each party to bear their own legal and professional costs

Energy Performance Certificate

Copies of EPC's available on request.

Further information

For further information please contact Jenkins Best on 02920 34 00 33 or joint Agents Cushman & Wakefield
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Jenkins Best for themselves and for the vendor/lessor of this property whose agents they are give notice that:

  1. These particulars do not constitute any part of an offer or contract.
  2. All statements contained in these particulars are made without responsibility on the part of Jenkins Best for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact.
  3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
  4. The vendor/lessor does not make or give and neither Jenkins Best nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services.
  5. All terms quoted exclusive of VAT unless otherwise stated.
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