Job Centre Plus, Market Street Bridgend Glamorgan CF31 1LL

  • Job Centre Plus, Market Street<br>Bridgend<br>Glamorgan<br>CF31 1LL

Job Centre Plus, Market Street
Bridgend
Glamorgan
CF31 1LL

Freehold Government Let Office Investment

  • Let to The Secretary of State for Levelling Up, Housing and Communities
  • Substantial office building of approx. 1,069.01 sq. m. (11,508 sq. ft.)
  • Site area of approx. 0.14 Ha (0.34 Acres)
  • On site car parking
  • Town Centre location adjacent to main bus station (50 m to the north)
  • Within an Established Retail Parade
  • Future redevelopment potential (subject to consents)
  • Lot
    16
  • Auction
    7th November 2024
  • Rent
    £167,040 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

Freehold Government Let Office Investment

  • Let to The Secretary of State for Levelling Up, Housing and Communities
  • Substantial office building of approx. 1,069.01 sq. m. (11,508 sq. ft.)
  • Site area of approx. 0.14 Ha (0.34 Acres)
  • On site car parking
  • Town Centre location adjacent to main bus station (50 m to the north)
  • Within an Established Retail Parade
  • Future redevelopment potential (subject to consents)
  • Lot 16
  • Auction 7th November 2024
  • Rent £167,040 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
18 miles west of Cardiff, 29 miles south-east of Swansea
Roads
M4 (J36), A48, A473
Rail
Bridgend Railway Station (300 m to the east)
Air
Cardiff Airport
Situation

Bridgend is a major town in south Wales with a population of over 50,000 and located between Cardiff and Swansea. The property is prominently situated in the heart of the town centre, directly opposite the towns main bus terminal and approximately 300 metres east of Bridgend Railway Station. Market Street is home to numerous occupiers including HSBC, Barclays, Home Bargains, Spa and many local retailers and cafes.

Tenure

Freehold.

Location
Miles
18 miles west of Cardiff, 29 miles south-east of Swansea
Roads
M4 (J36), A48, A473
Rail
Bridgend Railway Station (300 m to the east)
Air
Cardiff Airport
Situation

Bridgend is a major town in south Wales with a population of over 50,000 and located between Cardiff and Swansea. The property is prominently situated in the heart of the town centre, directly opposite the towns main bus terminal and approximately 300 metres east of Bridgend Railway Station. Market Street is home to numerous occupiers including HSBC, Barclays, Home Bargains, Spa and many local retailers and cafes.

Tenure

Freehold.

Description

The property comprises a substantial and modern building providing office accommodation on ground, first and second floors upon a site area of 0.14 Ha (0.34 Acres), benefitting from car parking to the rear and a ground floor retail frontage. The property may be suitable for future change of use or redevelopment subject to obtaining the necessary consents.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial and modern building providing office accommodation on ground, first and second floors upon a site area of 0.14 Ha (0.34 Acres), benefitting from car parking to the rear and a ground floor retail frontage. The property may be suitable for future change of use or redevelopment subject to obtaining the necessary consents.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x.
Ground
First
Second
Office
Office
Office
371.10
376.80
321.20
(3,995)
(4,056)
(3,457)
THE SECRETARY OF STATE FOR LEVELLING UP, HOUSING AND COMMUNITIES 9 years from 01/04/2018
£167,040
Total  
1,069.10
(11,508)
   
£167,040

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    05.11.24
    File Size
    5 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Eversheds Sutherland LLP 1 Wood Street
London
EC2V 7WS
Chris Mullings + 44 7387 544 135ChrisMullings@eversheds-sutherland.com  Lee Jackson +44 782 534 1246leejackson@eversheds-sutherland.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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