Business description

Wyndham Street, Bridgend

Long Standing Tenants

Large Town Centre Garage

10% Yield Fully Let

Property information

Property:

Freehold

Location:

The properties are is located in the centre of Bridgend town centre, and as such is close to the many retail multiples, commercial banks, licenced and food outlets that characterise the area. They are situated between Wyndham Street and Market Street, but front on to Wyndham Street. They are close to the train station and as such the shop units atrract good amounts of passing trade.

Premises details:

The investment comprises of two, integrated, two storey terraced commercial units, backed by a single storey garage. The ground floor is configured into two retail units and separate entrance garage, with the first floor a separate unit with internal storage.
The roof is of pitched slate construction, with concrete floors to the ground floor and suspended wooden floors to the first floor. Windows and doors are of uPVC, and the garage has a double roller steel shutter entrance.

Both ground floor units are currently rented out on a 10 year lease to a Taxi Company, with the first floor being rented on a two year lease to a Hairdressing Salon. Combined rental is in the region of £18,000 per annum. We estimate that the potential rental for the garage is in the region of £5,000 per annum.

ACCOMMODATION COMPRISES
(Approximate Dimensions)

COMMERCIAL UNIT

45 WYNDHAM STREET

GROUND FLOOR

Retail Zone A– 16.79 meters square

Retail- 57.34 meters square

FIRST FLOOR

Storage– 25.0 meters square

47 WYNDHAM STREET

GROUND FLOOR

Retail Zone A– 19.6 meters square

Storage - 2.7 meters square

FIRST FLOOR

Retail– 17.7 meters square

GARAGE
70.0 meters square approx

Other information

Planning consent:

The unit has planning for A1: Shops, under the Town and Country Planning (Use Classes) Order 1987.

Related documents:

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• Document