Lot 11 - Trawsfford Hall Units, Trawsffordd Road, Ystradgynlais, SA9 1BS

  • Unconditional Online Auction Sale
  • Guide Price* : £120,000+
  • Bedrooms: 0

Lot 11 - 12 Workshops, 10 Garages, Parking Compound and Warehouse with Shop and Offices

Description

ONLINE AUCTION from 25th JULY-27th JULY

The property is comprised of ten garages, twelve workshop units, a warehouse which contains a former print shop and offices, additionally there is a parking compound. The majority of the site is tenanted and is currently achieving an annual rental income of £30,521.56. Based on our guide price this provides a 25.43% yield.

There are currently four vacant garages and a warehouse with shop and office which is also vacant, and this provides potential for further rental income.

Location:
Situated in the town of Ystradgynlais, this property is ideally located within a popular industrial site. The site is accessed via Trawsffordd Road, which leads to the A4067, connecting Swansea to the Brecon Beacons National Park. Furthermore, the property has good road links to the M4 providing access to Cardiff, Newport, Bristol and London.

The property is positioned amongst a number of industrial buildings which are occupied by welders, carpeting services, cleaning services, plumbers and builders.

VIRTUAL TOUR

Accommodation

Floor Area Sq Ft Area Sq M
Workshops
Unit 321 423 39.298
Unit 322 423 39.298
Unit 323 423 39.298
Unit 324 423 39.298
Unit 325 423 39.298
Unit 325a 104 9.66
Unit 325b 104 9.66
Unit 326 423 39.928
Unit 327 315 29.26
Unit 328 315 29.26
Unit 329 315 29.26
Unit 330 1621 150.59
Parking Compound 4500 418.06
Former Print Shop 862 80.08
Warehouse 2150 199.74
Offices 1800 167.22
Garages
Garage 1 160 14.86
Garage 2 160 14.86
Garage 3 160 14.86
Garage 4 160 14.86
Garage 5 160 14.86
Garage 6 160 14.86
Garage 7 160 14.86
Garage 8 160 14.86
Garage 9 160 14.86
Garage 10 160 14.86

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Workshops FRI/IRI Years
Unit 321 IRI 01/05/2022 - 31/04/2025 3 years £2,538 per annum
Unit 322 IRI 01/05/2022 - 31/04/2025 3 years £2,538 per annum
Unit 323 IRI 01/10/2014 - 31/08/2023 Lease Ending & Tenant Vacating on 31/08/2023 £1,903.56 per annum
Unit 324 IRI 01/05/2022 - 31/04/2025 3 years £2,538 per annum
Unit 325 IRI 01/05/2022 - 31/04/2025 3 years £2,538 per annum
Unit 325a IRI 01/10/2014 - 31/09/2017 - New lease dates pending 3 years £468 per annum
Lease completion pending
New rent £624
Unit 325b IRI 01/05/2022 - 31/04/2025 3 years £624 per annum
Unit 326 Vacant Vacant Vacant Vacant
Unit 327 IRI 01/05/2022 - 31/04/2025 3 years £1,890 per annum
Unit 328 IRI 01/05/2022 - 31/04/2025 3 years £1,890 per annum
Unit 329 IRI 01/05/2022 - 31/04/2025 3 years £1,890 per annum
Unit 330 IRI 01/05/2022 - 31/04/2025 3 years £6,484 per annum
Parking Compound IRI 21/08/2020 - Rolling annual license Rolling Annual License £900 per annum
Former Print Shop Vacant Vacant Vacant Vacant
Warehouse Vacant Vacant Vacant Vacant
Offices Vacant Vacant Vacant Vacant
Garages IRI
Garage 1 Vacant Vacant Vacant Vacant
Garage 2 IRI 01/05/2022 - 31/04/2025 3 years £960 per annum
Garage 3 Vacant Vacant Vacant Vacant
Garage 4 Vacant Vacant Vacant Vacant
Garage 5 Vacant Vacant Vacant Vacant
Garage 6 IRI 01/10/2014 - 31/09/2017 - New lease dates pending 3 years £720 per annum. Lease completion pending. New rent £960.00
Garage 7 Vacant Vacant Vacant Vacant
Garage 8 IRI 01/05/2022 - 31/04/2025 3 years £960 per annum
Garage 9 IRI 01/05/2022 - 31/04/2025 3 years £960 per annum
Garage 10 IRI 02/07/2018 - 01/01/2019 Holding over under existing lease £720 per annum

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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