FOR SALE BY PUBLIC AUCTION: The auction will take place online on 28th October 2025 at 04:18 PM with registration through our website.
Industrial Investment Unit of in this popular business park in the Vale of Glamorgan. Income of £10,500pa representing an Initial Gross Yield of circa 12%.
Description Industrial Investment Unit in this popular business park in the Vale of Glamorgan. Income of £10,500pa representing an Initial Gross Yield of circa 12%.
We are informed that the property is let on a three year lease from 29th November 2024 for a rent of £10,500pa but please examine the legal pack for verification.
The property appears to be of a terraced portal frame construction with block and cladding elevations under a pitched roof with car parking to the front of the building.
The unit located on the entrance to Vale Business Park Car with parking at the front of the property. The estate is located to the South of M4, close to J35. Prominent occupiers in the immediate vicinity include Travis Perkins, Warner's Automotive, Vale Storage, Force Strength and Conditioning and Vale Motorcycles
Accommodation Ground Floor: 97.67 sq m / 1,051 sq ft Mezzanine: 35.55 sq m / 383 sq ft
Informed Leasehold (Virtual Freehold) 999 year lease at peppercorn rent please refer to legal pack for verification of tenure
Additional Fees Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information Auctioneers Office, Seel and Co[use Contact Agent Button]
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Seel & Co Auctions - Cardiff. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Seel & Co Auctions - Cardiff for full details and further information.