Auction House / South Wales
  • For Sale By Unconditional Online Auction
  • Guide Price* : £75,000
  • Bidding Opens 23/06/2025 12:00

Unit 9 Highfield Industrial Estate, Ferndale, Mid Glamorgan, CF43 4SX

Bidding opens Monday 23rd June 2025 at Midday and closes Wednesday 25th June 2025 at Midday.

Description

Bidding opens Monday 23rd June 2025 at Midday and closes Wednesday 25th June 2025 at Midday.

Commercial Investment

An opportunity to acquire a mid-link industrial unit which we are advised is let on a 10 year term from 15/07/2022 on full tenant repairing terms, at a rent of £9,762 per annum. The lease is subject to review in each 3rd year of the term to the greater of market rent or RPI. The lease is subject to a tenant only break clause at the fifth year of the term subject to
12 months prior written notice. Please refer to the legal pack for confirmation.

We understand that Unit 9 provides approximately 1,142 sq ft (106 sqm) of industrial accommodation with access roller shutter doors and a separate pedestrian entrance. The unit has not been inspected by us, but we believe that the accommodation comprises of office, workshop and toilet facilities. The Units are constructed from steel portal frame construction with brick and profiled metal cladding elevations and concrete roof panels. Each terrace has secured gated access to a large hardstanding area providing car parking and loading to the front of the units.

NB VAT is payable in addition to the purchase price.

Viewing Through Auction House Wales on 02920 475184, further information can also be obtained from Harris & Birt acting as joint auctioneers on 01446 771777

Tenure: See Legal Pack

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£600 inc VAT payable on exchange of contracts

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £75,000
  • Light Industrial
  • Unconditional (Immediate Exchange)

Call the team on 01633 212 555 for more information

Legal pack Request more info
Terms & Conditions
Finance available on this property
Find out more

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.