Location (CF31 2AQ)
Bridgend is one of the premier business locations in
South Wales, situated midway between Cardiff and
Swansea.

The property is on the Brackla Industrial Estate, a well located estate with good links to J.36 of the M4 via the A4061. Garth Drive is an elevated location over Main Avenue, the main arterial route on the Brackla Industrial Estate. Other nearby occupiers on this part of the estate include Customised Sheet Metal Ltd., Renowheel, and Project Seagrass. 

Description
This comprises a prominently situated detached unit with car parking and rear secure yard:  

• Pitched steel portal frames;
• Min. eaves 5.2m. rising to 6.4m.;
• Brick/block and insulated metal clad elevations and roof;
• LED lighting throughout;
• Additional first floor office accommodation (tenants improvement);
• 2x. electrically-operated vehicular access doors;
• Secure rear surfaced yard;

Accommodation (Gross Internal Areas)

UNIT 3A
Ground Floor 4,177 sq.ft.
First Floor 393 sq.ft.

UNIT 3
Ground Floor 3,991 sq.ft.
First Floor 1,314 sq.ft.

TOTAL GIA 9,876 sq.ft. On Site Of 0.406 ac.

Mains Services
All mains services including 3 phase electricity, water and drainage is connected to the property. 

Energy Performance Certificate (EPC)
82 - Band D.

Business Rates
Rateable Value (2026) £25,500
Rates Payable (2026/27) £12,801 pa. 

Tenure 
The property is held on a 999 year long leasehold basis from 1st October 1989 at an annual rental of one peppercorn.

Current Occupancy Terms
• Landlord Customise Sheet Metal Ltd.;
• Tenant Powerhouse Energy Group Plc.;
• Term 10 years from 1st March 2023;
• Current Rent £46,000 pa.;
• Break Option Mutual option to break March 28;
• Rent Review Upwards-only rent review March28
• Repairs Full repairing and insuring;

Covenant Strength
Powerhouse Energy Group Plc. are considered Very Low Risk have a Creditsafe risk score of 73 and an international score of A.

Asking Price 
Offers in the region of £725,000 for the property with the benefit of the current tenant and income stream (ex. VAT).

A purchase at this level reflects a net initial yield of 6.1%, a reversionary yield of 8.3% (based on ERV of £63,155 pa) and a Capital Value of £73.00 psf., assuming purchasers costs of 4.57%.

Legal Costs 
Each party are to be responsible for their own legal costs incurred in this matter

Viewing 
For further information or to arrange an inspection please contact the sole selling agents.