A well established Town Centre Retail Parade Investment.

Substantial retail parade currently arranged as six shops, each providing ground floor retail accommodation together with first-floor ancillary. With service yard to the rear.

Comprising of six-well configured retail units & fully let.
Modern building in prominent Town Centre location, opposite Rhiw Shopping Centre/Indoor Market.

(X5) Retail shops for sale (Available to purchase separately or as a whole)

1) Subway fast food restaurant franchise. (Unit 3)
Price £185,000
Area Ground floor retail 102.29 sq m (1101 sq ft) First-floor ancillary 97.18 sq m (1046 sq ft)
Rental £13,000 per annum.
Term 10 years from 08/09/2019 until - 07/09/2029 - Reviews 08/092024

2) British Heart Foundation was founded in 1961 and operates from over 700 stores. (Unit 3a)
Price £180,000
Area Ground Retail 104.33 sq m (1123 sq ft) First Ancillary 109.16 sq m (1175 sq ft)
Rental £15,000 per annum.
Term 5 years from 24/03/2017 until - 23/03/2022

3) Halifax - hbos currently has around 1000 Halifax branches and 300 Bank of Scotland branches nationwide. (Unit 4-5)
Price £800,000
Area Ground Retail 283.35 sq m (3,050 sq ft) First Ancillary 173.82 sq m (1,871 sq ft)
Rental £105,000 per annum.
Term15 years from 18/06/2007 until - 17/06/2022

4) New Look - British global fashion retailer with a chain of high street shops. It was founded in 1969. (Unit 7-7a)
Price £400,000
Area Ground Retail 434.97 sq m (4,682 sq ft) First Ancillary 321.16 sq m (3,457 sq ft)
Rental 3% turnover rent
Term 5 years from 13/12/2019 until - 12/12/2024

5) Sue Ryder was founded in 1953 and operates from over 400 shops across the UK. (Unit 9)
Price £395,000
Area Ground floor retail 306.02 sq m (3294 sq ft) First-floor ancillary 355.26 sq m (3824 sq ft)
Rental £25,943 per annum.
Term 10 years from 08/07/2019 until - 07/07/2029 - Reviews 08/07/2024

Halifax, Subway, New Look, British Heart Foundation and Sue Ryder currently occupy this parade.
Nearby occupiers include Burton, O2, jd Wetherspoon & Boots.

Location
Caroline Street, Bridgend, CF31 1DN
21 miles west of Cardiff
24 miles south-east of Swansea

Roads
A406, M4

Air
Cardiff Airport

Rail
Bridgend

The property is located in Bridgend, a prominent town centre on the north side of Caroline Street. Situated opposite the main entrance to Rhiw Shopping Centre and indoor market. Located in South Wales, circa 21 miles west of Cardiff & 24 miles south-east of Swansea.

VAT- VAT is applicable to this lot.

EPC- See legal pack (Various).

Tenure- Freehold.
Plus Service Charge.

*Property availability may be subject to change, please call our office to verify before proceeding with your enquiry or arranging a viewing. Unit sizes listed are approximate and price may vary, dependent on size or location of the units within the parade.
Misrepresentation Act 1967 Ivy Business centre Ltd for themselves, for any joint agents and for the vendors or lessors of this property whose agents they give notice that 1 The details contained within these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. 2 All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to each of them 3 No person in the employment of Ivy Business centre Ltd or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. 4 All rentals and prices are quoted exclusive of VAT. *Unit sizes listed are approximate.