Units 7-11 Coopers Court, Ystrad Mynach

Location

The property is located at Coopers Court, a commercial development off Caerphilly Road in Ystrad Mynach, approximately 4.5 miles north of Caerphilly town centre and approximately 13 miles north of Cardiff City Centre. The Property is in close proximity to the A469 via Heol Twyn Road, providing convenient access to the A470 dual carriageway. Junction 32 of the M4 motorway is approximately 9 miles south of the site.

Directly adjacent to the site, lies Duffryn Business Park which is an established distribution, trade and Industrial location. The area is well connected by public transport, with Ystrad Mynach railway station located less than a kilometre away. Notable adjacent developments are Ysbyty Ystrad Fawr and the CCB Centre for Sporting Excellence,

Description

The property itself is an income producing industrial development comprising of 4 No industrial / warehouse type units along with a surfaced and fenced yard / compound which provides a future opportunity for redevelopment subject to obtaining the neccessary planning consents and obtaining vacant possession.

The units and compound are fully let on occupational tenancy agreements for a number of uses including self storage containers, children's nursery and van storage. Further lease details are available with the tenancy schedule.

We have calculated that the total site area is approximately 1.75 acres (0.70 Ha).

Accommodation

Unit 7
Total Gross Internal Area (GIA) circa 4,916 sq ft (456.8 sq m)
plus additional Mezzanine of 1,180 sq ft

Unit 8
Total Gross Internal Area (GIA) circa 9,451 sq ft (878.1 sq m)

Unit 9
Total Gross Internal Area (GIA) circa 2,452 sq ft (227.8 sq m)

Unit 10
Unmeasured

Unit 11
Enclosed and surfaced yard circa 0.83 acres

Total Gross Internal Area (GIA) circa 16,819 sq ft (1,562 sq m)

Total site area is approximately 1.75 acres (0.70 Ha)

Services

The site benefits from mains electric, gas, water and drainage. We have not tested any of the service installations and prospective occupiers must satisfy themselves as to the state and condition of such items prior to completion. However, we understand that each individual unit has its own separate electric and water supply but only Unit 8 has a gas supply.

Development Overage

We understand that there is a development overage should the site be sold for residential or to a large supermarket operator. Further details on request.

Tenure

Freehold subject to the occupational leases as per tenancy schedule below.

Tenancy Information

We understand that all leases are contracted out of the Security of Tenure provisions of the Landlord & Tenant Act 1954 and are let on the following terms:-

Unit 7
Vantastec Ltd are prepared to take a leaseback at £20,000 per annum on flexible terms to be agreed.

Unit 8
Let to K&S Family Leisure Services Ltd at £29,120 per annum from 3rd April 2025 for a term of 5 years.

Unit 9
Let to Pink Self Storage Ltd at £25,200 per annum from 28th April 2025 for a term of 5 years.

Unit 10 & 11
Let to Pink Self Storage Ltd at £25,496 per annum from 28th April 2025 for a term of 5 years.

Total Income £99,816 per annum reflecting a Gross Initial Yield (GIY) of circa 8%.

Further lease information available on request.

Price

£1,250,000 exclusive.

Planning

All prospective purchasers to make their own enquiries with the Local Authority in relation to planning. We understand that the current uses are longstanding and in compliance with planning policy.

Business Rates

We have made online enquiries of the Valuation Office who confirm the following Rateable Value:

Unit 7
Rateable Value: £13,750

Unit 8
Rateable Value: £20,500

Unit 9
Rateable Value: £7,000

Unit 10
Rateable Value: £7,700

Unit 11
Rateable Value: £8,100

We advise all interested parties should make their own enquiries with the Valuation Office Agency and Local Authority in this regard.

Energy Performance Certificates

Unit 7: D (90)
Unit 8: C (68)
Unit 9: E (107)
Unit 10: TBC
Unit 11: N/A

VAT

All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction. However, in this instance we understand that VAT is payable.

Legal Costs

Each party are to be responsible for their own legal costs occurred in this matter.

Plans, Areas & Schedules

Any plans have been prepared to the foremost accuracy based on Land Registry plans. Any plans within these particulars are published for illustrative purposes only. The accuracy of such plans are not guaranteed.

Anti Money Laundering

As part of our obligations under the UK Money Laundering Regulations 2017, Harris & Birt will require any purchaser or tenant to provide proof of identity along with any other supporting documentation requested.

Viewing Arrangements

Viewings to be arranged for daylight hours and by appointment only through the joint agents.

All Enquiries

Harris & Birt
65 High Street
Cowbridge
Vale of Glamorgan
CF71 7AF

Contact: Daniel Jones MSc BSc (Hons) MRICS or Kelly Lakin BSc (Hons) MNAEA (Comm)
01446 771777

or

Herbert R Thomas
Jellicoe Court
Unit 11 - 12
Cardiff
CF10 4AJ

Contact: James Mordecai BSc (Hons) MRICS or Edward Williams BSc (Hons) MRICS
01446 772911