Summary
| Property Type | Industrial/Logistics / Trade Counter |
| Tenure | For Sale |
| Size | 10,042 sq ft |
| Price | Offers in the region of £775,000 |
| Rates Payable | £19,452.50 per annum |
| Service Charge | Details of can be shared upon request. |
| EPC Rating | This property has been graded as B (47) |
- Located on the established Abergorki Industrial Estate.
- Single Let to Howdens Joinery PLC, from September 5th 2024, expiring 5th September 2039 at a current annual rent of £62,762.50 per annum.
- Substantial Fit Out Works undertaken from Howdens.
- Opportunities for rental growth with upward only reviews on the 5th September 2028 & 5th September 2033.
- The property is available by way of a 999-year long leasehold.
About
The property is a fully refurbished end of terrace warehouse, of steel portal frame construction with profiled steel sheet cladding and a new overclad roof with a 25 year warranty.
The unit benefits from pedestrian access through a glazed frontage and vehicular access through a level loading door. Internally, the unit has an eaves height of 4.68 metres rising to an apex of up to 6.8 metres. There is a good provision of yard and car parking space to the front and eastern elevations.
Howdens have undertaken a comprehensive fit out of the unit, including a mezzanine office area, public showroom display area, heating, lighting and full decoration.
Location
The property is located on Abergorki Industrial Estate which is found within the Rhondda Valley. The unit is accessed via the A4061 with the estate located 10 miles west of Pontypridd, and approximately 20 miles from Junction 34 of the M4 Motorway to the South. The A465 Heads of the Valleys Road is accessible10 miles north of the property.
The area is an established industrial and commercial district, with good links to the immediate region. Occupiers in the surrounding vicinity include a range of local and national occupiers such as Thomas Lloyd Furniture, Alumate and Screwfix.
Mainline Stations
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Ynyswen4 mins
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Treorchy13 mins
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Treherbert19 mins
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Ton Pentre34 mins
Underground Station
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Reading2129 mins
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Twyford2216 mins
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Maidenhead2325 mins
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Taplow2358 mins
Downloads
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Further Information
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Lease
Unit 13 is let to Howdens Joinery PLC on a 15-year lease from September 5th 2024, expiring 5th September 2039 at an annual rent of £62,762.50 per annum.
There is an upward only rent review within the lease
on the 5th September 2028 & 5th September 2033.
The lease contains a Tenant only break clause on the expiry of the 10th year of the term.
The lease also contains a schedule of condition.
Gallery
