The Food Warehouse, Christchurch Road, Port Talbot SA12 7BZ
Port Talbot, SA12 7BZ
Sold
Price
£3,015,000
Rent (pa)
£200,000
Yield
6.5%
Investment Summary
- Modern, free-standing retail warehouse investment opportunity
- The UK’s first design and build Food Warehouse constructed for Iceland in 2018.
- Port Talbot is an important commercial town and deep water port, situated 10 miles east of Swansea and 35 miles west of Cardiff
- The property is prominently situated fronting Christchurch Road, forming part of the town’s only retail warehouse provision.
- Adjoining occupiers include Morrisons, Lidl, B&M, Halfords, Pets at Home, KFC and Subway.
- Total floor area of 14,694 sq ft
- Parking provision for 82 customer car parking spaces (1:179 sq ft)
- Additional development plot of 0.93 acres
- Open A1 food planning consent on the existing accommodation.
- Fully let to Iceland Foods Limited
- Total Income £200,000 per annum (£13.61 psf)
- Attractive WAULT of 10 years to expiry
- EPC of B-34 complying with the future MEES regulations
- Freehold
Interested in this property?
Contact our team for more information or speak directly with James Kinsler.
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