Property Type: Investment, Retail

Tenure: For Sale, Investment

Size: 19505 Sq Ft

Price: £ 2750000

Property Details:

INVESTMENT FOR SALE - FREEHOLD CONVENIENCE RETAIL PARK

Bridgend is strategically located off the M4 motorway in South Wales midway between the cities of Cardiff (20 miles east) and Swansea (20 miles west) and is a County Borough in its own right. The town of Bridgend has a resident population of 145,000 with a catchment population of nearly 700,000 in a 30-minute drive time.

Tondu is located approximately 1.5 miles to the north west of Junction 36 of the M4 Motorway and approximately 3 miles to the north of Bridgend Town Centre. The subject property is located on the A4063, the main arterial road connecting the M4 to the various towns and villages of the Llynfi Valley to the north. The A4063 also connects to the A4061 which in turn provides access to the catchment population of both the Ogmore and Garw Valleys. There are circa 15,000 daily traffic movements on the A4063 illustrating the wide daily catchment.

Over the past two decades hundreds of new homes have been built in Tondu and the subject retail park formed part of a 110-acre urban expansion delivering over 600 new homes and community hub. Pentre Felin Retail is located directly opposite a Lidl food store, which first opened in 2006 and was demolished replaced with a new larger store in 2019 in line with Lidl’s strategy to replace stores in high trading locations.

Pentre Retail Park is fully let to Home Bargains, Farmfoods and Domino’s and comprises 19,505 sq.ft. arranged in 3 units with 110 parking spaces on a site of 2 acres.

The Units have EPC Ratings of A20, B39 and A23

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