•             Investment Opportunity for Sale

•             Freehold Opportunities -WAULT 6 Years

•             Popular and Accessible Trading Locations Across South Wales

•             Individually Let to Micheldever Tyre Services Ltd T/A Protyre

•             Delphi Score 100 out of 100

•             Properties can be sold individually or in SPV

•             Current passing combined rent of £223,000 per annum

•             For further information, see below links to property listings

Our clients have instructed us to seek offers in the region of £2.93m subject to contract and exclusive of VAT for the freehold interest in the 3 properties. This would reflect a NIY of 7.1% based on the purchasers costs of 6.4% and reversionary yield in the region of 9%.

SWANSEA & HAVERFORDWEST

Investment Summary

• Popular and accessible trading location in South Wales

• Two warehouse/industrial units let to Micheldever Tyre Services Ltd T/A Protyre

• The WAULT is 6 Years to break/expiry (6th February 2032)

• Current passing combined rental of £199,000 pax

• Reversionary rent in the region of £257,500 pax

• Two properties can be sold individually or sold in SPV

• VAT elected: Sale to be treated as a transfer of going concern (TOGC).

• Tenant – Micheldever Tyre Services Ltd T/A Protyre – DELPHI score 100 out of 100. Credit Limit – £7,000,000. Delphi Band – Very Low Risk

• Freehold

• Offers for the portfolio in the region of £2.65m (Two million six hundred and fifty thousand pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a Net Initial Yield of 7.06% after deducting the usual purchasers costs of 6.4% and reversionary yield of 9.13%

• Offers for individual lots welcome, POA

RICHARDSON ROAD, SWANSEA

Investment Summary

• The subject property is centrally located in an urban district in Swansea, positioned between St Helens Road and Oystermouth Road, giving good access to both the city centre and Swansea Bay.

• Warehouse/industrial unit let to Micheldever Tyre Services Ltd T/A Protyre

• The WAULT is 6 Years to break/expiry (6th February 2032)

• Current passing rent of £24,000 pax

• Tenant – Micheldever Tyre Services Ltd T/A Protyre – DELPHI score 100 out of 100. Credit Limit – £7,000,000. Delphi Band – Very Low Risk

• Freehold

• ASKING PRICE Offers in the region of £280,00 (Two hundred and eighty thousand pounds), subject to contract & exclusive of VAT. A purchase of this level would reflect a Net Initial Yield of 8.42% after deducting the usual purchasers costs of 1.7%.

The post PROTYRE INVESTMENT PORTFOLIO appeared first on Glanmor Charterted Surveyors.

Located on the Strand, Swansea the property benefits from a prominent position with good visible from Quay Parade.  The Strand is a short walk from the City Centre, the popular nightlife destination of Wind Street, the SA1 Waterfront development and Swansea Marina.

Swansea is the second largest city in Wales and is approximately 46 miles east of Cardiff. The City’s Train station is approximately 0.5 miles to the north of the property with Swansea Bus Station the same distance to the east.

DESCRIPTION

The property comprises a substantial Grade II listed stone building offering 10,234 sq.ft of space spread over six floors (including basement).

The building is currently unused and is in a state is disrepair.

PLANNING

Pre-application planning has previously been submitted on the property (Nov 2021) to convert to a mixed use development, include Members club at basement, shop and cafe at ground floor, retail and office at first floor and 6 no. short term let apartments at second, third and fourth floors.

Further information is available on the planning portal under reference – 2021/3012/PRE

ACCOMMODATION

VAT

All figures are exclusive of VAT, where applicable.

TENURE

Our client’s freehold interest is available at an asking price of £700,000

ANTI-MONEY LAUNDERING

Following agreement of the Heads of Terms, the proposed Tenant or Purchaser shall be required to supply all information and documentation necessary to comply with applicable Anti-Money Laundering (AML) regulations.

EPC RATING

An EPC has been commissioned and will be available upon request,

The post 4 The Strand, Swansea, SA1 1JQ appeared first on Glanmor Charterted Surveyors.

The property benefits from good connectivity, with access to the A484 and Junction 47 of the
M4 motorway, linking to Swansea, Llanelli and the wider South Wales region.

DESCRIPTION
The property comprises two buildings, linked via a rear ground oor corridor. To the rear, there
is a large carpark with space for approximately 22 vehicles.
Internally, the buildings are set up to offer a number of ofces and meeting rooms, with a
reception area accessed directly from the rear carpark.

LEASE DETAILS
Currently let to Red Kite Business Services Limited on a Full Repairing and Insuring Lease. Key lease details below –
Tenant – Red Kite Business Services Limited (formally Redkite Solicitors Services Limited)
Term – 10 years from 17th April 2020
Passing rent – £21,000 pax

TENURE
Freehold.

ASKING PRICE
We have been instructed to seek offers of £250,000 which returns a Net Initial Yield of 8.2% assuming purchaser’s costs of 2.5%.

VAT
All figures are exclusive of VAT, where applicable.

ANTI-MONEY LAUNDERING
Following agreement of the Heads of Terms, the proposed Tenant or Purchaser shall be required to supply all information and documentation necessary to comply with applicable Anti-Money Laundering (AML) regulations.

EPC RATING
The property has an EPC rating of D-98.

The post 23-25 Pontardulais Road, Gorseinon, Swansea, SA4 4FE – INVESTMENT OPPORTUNITY appeared first on Glanmor Charterted Surveyors.

The subject property is located within Pyle, Bridgend, Wales. Pyle is a large village which is served by the A48 road and lies less than one mile from Junction 37 of the M4 motorway. The nearest town is the seaside resort of Porthcawl. To the northeast of Pyle, is the adjoining settlement of Kenfig Hill.

Pisgah Chapel fronts onto Pisgah Street which is the link road between Pyle and Kenfig Hill. Kenfig Hill RFC is situated to the north of the chapel and there are some commercial properties to the west.

DESCRIPTION

The property is a former, purpose-built freehold chapel building & attached vestry building which is not listed. The chapel construction comprises solid stone walls with facing stonework to the front elevation. The remaining elevations are rendered. There is a timber pitched roof clad with slates with mainly uPVC gutters and downpipes. The accommodation comprises an entrance vestibule, main congregational hall with a gallery seating area. To the rear of the main hall there are three school rooms and WC facilities. The building benefits from pipe heating throughout the building served by a gas boiler and all other main utilities.

The hall construction comprises solid stone walls which are rendered with facing stone quoins, under a timber pitched roof clad with slates. There are uPVC rainwater goods with timber fascias and soffits. There are uPVC double glazed windows throughout the hall building. Raised timber floor within the main hall area. The accommodation comprises entrance lobby within the link building, main hall with large moveable timber wall to separate the kitchen area. There is a small storage cupboard and WC facilities. There is an extensive graveyard to the front and side of the vestry building which is generally in good condition.

TENURE​

The property is available freehold with vacant possession.

VAT​

All figures are exclusive of VAT, where applicable.​

​

QUOTING RENT

The property is available immediately on a new FRI lease, terms to be negotiated at £8,500 per annum exclusive.

ASKING PRICE

We have been instructed to seek offers in the region of £95,000

BUSINESS RATES

Interested parties are asked to verify this information by contacting the local authority.

ENERGY PERFORMANCE CERTIFICATE

The property is currently exempt from EPC requirements.

FREEHOLD SALE OF PISGAH CHAPEL, PYLE – PURCHASERS COVENANTS

Further information available at our offices.

The post PISGAH CHAPEL, PISGAH STREET, PYLE, CF33 6NF appeared first on Glanmor Charterted Surveyors.

DESCRIPTION
The subject property comprises a 4-storey mid terrace building within the town centre of Cardigan. The ground floor accommodation extends 2,336 sq.ft and offers a mix of retail and ancillary areas.

LEASE DETAILS
Currently let to The Works Stores Limited on an effective FRI lease via a service charge. The tenant has recently signed into a new 5 year lease, details below:

Tenant – The Works Stores Limited
Term – 5 years from 10th December 2025
Break –10th December 2028
Passing rent – £33,000pax
The upper floors comprise four ats, each previously sold on a long leasehold basis at a peppercorn rent.

TENURE
Freehold.

ASKING PRICE
We have been instructed to seek offers of £350,000 which returns a Net Initial Yield of 9.04% assuming purchaser’s costs of 4.25%.

VAT
All figures are exclusive of VAT, where applicable.

MONEY LAUNDERING
Following agreement of the Heads of Terms, the proposed Tenant or Purchaser shall be required to supply all information and documentation necessary to comply with applicable Anti-Money Laundering (AML) regulations.

EPC RATING
The property has an EPC rating of B-37.

For all enquiries please contact;
Glanmor Chartered Surveyors
01792 439105
info@glanmorproperty.co.uk

The post Retail Investment Opportunity – 7-8 High Street, Cardigan, SA43 1HJ appeared first on Glanmor Charterted Surveyors.

The subject property is centrally located in an urban district in Swansea, positioned between St Helen’s Road and Oystermouth Road, giving good access to both the city centre and Swansea Bay. The area consists mainly of terraced housing, with some commercial property on the edge of Swansea city centre. The subject property is near the former Vetch Field which now provides valued community green space. Richardson Road runs parallel with Oystermouth Road and is positioned to the south of St Helen’s Road which provides access to the city centre. Oystermouth Road (A4067) is a main thoroughfare through Swansea linking the city centre to the popular village of Mumbles.

DESCRIPTION

The property is arranged as a two-storey building of traditional construction which is used as a small workshop and fi­rst ‑floor ancillary offi­ce, kitchen and WC. Adjoining this building is a steel frame building with a profi­le metal sheet roof covering. This front workshop leads to a larger workshop and storage area which is of mainly brick and block construction with a concrete frame and roof. Internally, the accommodation comprises three workshop areas, customer reception area with mezzanine storage above, rear and side storage areas and a ­first-floor offi­ce, kitchen & WC.

TENANCY

The property is let by way of a 6-year full repairing and insuring reversionary lease (roof works are capped) from 7th February 2026 to expire 6th February 2032 at a rent of £24,000 pax.

Tenant – Micheldever Tyre Services Ltd T/A Protyre

DELPHI score 100 out of 100.

Credit Limit – £7,000,000

Delphi Band – Very Low Risk

EPC RATING

Energy Performance Asset Rating E-104

TENURE

The property is held freehold under the following titles:

CYM523346

WA464226

WA331799

ASKING PRICE

Offers in the region of £280,00 (Two hundred and eighty thousand pounds), subject to contract & exclusive of VAT. A purchase of this level would reflect a Net Initial Yield of 8.42% after deducting the usual purchasers costs of 1.7%.

RATEABLE VALUE

Rateable Value £26,000

UBR for Wales 2025/26 56.8 p in the £

Interested parties are asked to verify rates payable by contacting the local authority.

VAT

All ­figures are exclusive of VAT where applicable.

The post 1a Richardson Road, Swansea, SA1 3TQ INVESTMENT SUMMARY appeared first on Glanmor Charterted Surveyors.

Popular and accessible trading location in South Wales

• Two warehouse/industrial units let to Micheldever Tyre Services Ltd T/A Protyre

• The WAULT is 6 Years to break/expiry (6th February 2032)

• Current passing combined rental of £199,000 pax

• Reversionary rent in the region of £257,500 pax

• Two properties can be sold individually or sold in SPV

• VAT elected – Sale to be treated as a transfer of going concern (TOGC).

• Tenant – Micheldever Tyre Services Ltd T/A Protyre – DELPHI score 100 out of 100.

Credit Limit – £7,000,000

Delphi Band – Very Low Risk

• Freehold

• Offers for the portfolio in the region of £2.65m (Two million six hundred and ­fty thousand pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a Net Initial Yield of 7.06% after deducting the usual purchasers costs of 6.4% and reversionary yield of 9.13%

• Offers for individual lots welcome, POA

SWANSEA

INVESTMENT SUMMARY

• Swansea is a coastal city in South-West Wales. The property is located within a prominent industrial estate a short distance from the M4 Motorway

• A substantial industrial/warehouse unit benefi­tting from a large yard and carpark

• Let in its entirety to Micheldever Tyre Services Ltd t/a Protyre on a reversionary 6-year lease from 7th February 2026 at a rent of £184,000 pax

• Freehold

LOCATION

The subject property is located within Swansea West Industrial Estate, which is a prominent industrial and commercial hub located in the Fforestfach area of Swansea. Approximately 4 miles northwest of Swansea City Centre and about 2 miles south of junction 47 of the M4 motorway. The estate is accessible via the A483 Carmarthen Road, providing convenient transport links for businesses and visitors. Situated on Ystrad Road, which is one of the main roads through the estate.

DESCRIPTION

The property is a large detached industrial/warehouse unit with a small section to the east side which is two-storey. There is an attached portal frame structure to the north side of the building which has recently had a new roof covering. The main storage warehouse also benefi­ts from a single storey of­fice section to the front elevation, a canopy to the east side of the unit, and level loading bays. The property is situated on a large plot with ample parking to the front and side of the building and a yard area to the opposite side. There are two access points via Ystrad Road.

TENANCY

The property is let by way of a 6-year full repairing and insuring reversionary lease (roof works are capped) from 7th February 2026 to expire 6th February 2032 at a rent of £184,000 pax.

Tenant – Micheldever Tyre Services Ltd T/A Protyre – DELPHI score 100 out of 100.

Credit Limit – £7,000,000

Delphi Band – Very Low Risk

TENURE

The property is held freehold under the following titles:

CYM822752

WA943401

BUSINESS RATES

Rateable Value £83,000

UBR for Wales 2025/26 56.8 p in the £

Interested parties are asked to verify rates payable by contacting the local authority.

VAT

All ­figures are exclusive of VAT where applicable.

EPC RATING

Energy Performance Asset Rating C-65

HAVERFORDWEST INVESTMENT SUMMARY

• Haverfordwest is a town in Pembrokeshire, South-West Wales. The property is located near the centre of Haverfordwest on a mainly residential road.

• A substantial industrial/warehouse unit.

• Let in its entirety to Micheldever Tyre Services Ltd t/a Protyre on a reversionary lease from 7th February 2026 at a rent of £15,000 pax

• Freehold

LOCATION

The subject property is situated on Ellis Avenue, which is a residential street located within the built-up area of Haverfordwest, Pembrokeshire. The street forms part of an established suburban neighbourhood. It lies to the south-east of the town centre and is within easy reach of local schools, services, and community facilities. The area benefi­ts from good transport accessibility. Local roads link Ellis Avenue to the A40 and A4076, providing direct routes to surrounding settlements and the wider regional network. Bus stops are available within walking distance, and Haverfordwest railway station is located approximately one kilometre away, offering regular services toward Swansea and South Wales.

DESCRIPTION

The property is a large industrial/warehouse unit which consists of steel and concrete frame construction. A large part of the property has been recently re-roofed and remains in a good state of repair. The accommodation comprises of mainly workshop and tyre storage areas and benefi­ts from a modern reception seating area. There is also a small kitchen and of­fice area and a small ­first floor storage area which is currently not in use. The property fronts on to Ellis Road and benefi­ts from four roller shutters doors. There is some off-road parking to the front of the property.

TENANCY

The property is let by way of a 6-year full repairing and insuring reversionary lease (roof works are capped) from 7th February 2026 to expire 6th February 2032 at a rent of £15,000 pax.

Tenant – Micheldever Tyre Services Ltd T/A Protyre – DELPHI score 100 out of 100.

Credit Limit – £7,000,000

Delphi Band – Very Low Risk

TENURE

The property is held freehold under title WA817326.

BUSINESS RATES

Rateable Value £19,250

UBR for Wales 2025/26 56.8 p in the £

Interested parties are asked to verify rates payable by contacting the local

authority.

VAT

All ­figures are exclusive of VAT where applicable.

EPC RATING

Energy Performance Asset Rating C-66

ANTI-MONEY LAUNDERING

Following agreement of the Heads of Terms, the proposed Tenant or Purchaser shall be required to supply all information and documentation necessary to comply with applicable Anti-Money Laundering (AML) regulations.

The post Industrial Investments for Sale appeared first on Glanmor Charterted Surveyors.

Available due to relocation, the suite is situated on the ground floor within Langdon House, part of the vibrant SA1 Waterfront development on the fringe of Swansea City Centre.

The surrounding area is well-served by local amenities, including a Premier Inn and Tesco Express directly opposite, as well as a variety of restaurants and the recently developed Sancta Maria Hospital nearby.

This location offers excellent accessibility for commuters, with strong transport links and easy access to the M4 motorway – approximately 4 miles from Junction 42.

DESCRIPTION

The suite offers ground floor office space within a modern, BREEAM ‘Excellent’-rated building, enjoying attractive views over the SA1 Waterfront.

With access points from both inside Langdon House atrium and directly from Langdon Road, the accommodation comprised a combination of open-plan workspace with 3 private meeting rooms/offices, alongside kitchen and WC facilities.

The premises benefits from six designated car parking spaces, with additional access to shared visitor bays, communal cycle storage, and shower facilities. A lift serves all floors of the building, enhancing accessibility.

TENURE

The property is available for sale or on a new Internal Repairing & Insuring lease terms to be agreed. 

RENT

A quoting rent of £35,000 per annum, exclusive of rates, utilities and service charge.

SALE

Further information can be provided upon application.

SERVICE CHARGE 

A service charge will be levied to cover the maintenance and upkeep of the common areas of the property. This is currently set at £2.71per sq.ft.

VAT

All figures are exclusive of VAT, where applicable.

BUSINESS RATES

Our inspection of the rating list shows the following assessment for the subject premises.

Rateable Value: £27,000 (April 2023)

UBR for Wales 2025/26 56.8p in the £

Rates Payable: £15,336

EPC RATING

An EPC has been commissioned and will be available shortly.

PLANNING PERMISSION We have been advised the unit currently has planning consent B1 use

The post DUE TO RELOCATION – SUITE 4, LANGDON HOUSE, SA1 WATERFRONT, SWANSEA SA1 8QY appeared first on Glanmor Charterted Surveyors.

Neighbouring occupiers include Burger King, Vodafone, WHSmiths and Santander.

DESCRIPTION
The subject property comprises a large corner plot with accommodation covering three floors. The ground floor consists of a parade of four retail units with Unit 2 having a small amount of accommodation over the first floor. All of the retail units have an independent access and benefit
from modern shop fronts. At present the upper floors are mainly vacant and provide development potential for conversion to residential use, STP.

TENURE
The property is held freehold.

VAT
Sale to be treated as a transfer of going concern (TOGC).

ASKING PRICE
We have been instructed to seek offers in the region of £525,000 providing a current GIY 6.3%
and a potential GIY 9.1%.

EPC
Energy rating and score;
Unit 1 – 60 C
Unit 2 – 81 D
Unit 3 – 77 D
Quadrant Gate Café – 78 – D

RATEABLE VALUE
Unit 1 – £21,250
Unit 2 – 18,750
Unit 3 – £9,300
Unit 4 – £7,900
UBR for Wales 25/26 is 56.8 p in the £

PLANNING
We understand that the retail units benefit from A1 or A3 use under The Town and Country
Planning (Use Classes) Order 1987 (as amended). The upper floors are vacant and other uses would be considered, subject to relevant planning consent.

For all enquiries please contact;
Glanmor Chartered Surveyors
01792 439105
info@glanmorproperty.co.uk

The post Quadrant Gate, Nelson Street, Swansea, SA1 3QE City Centre Retail Investment Opportunity appeared first on Glanmor Charterted Surveyors.

LOCATION

Clydach is a village and community within the Swansea Valley in Swansea, Wales. It is located 7 miles northeast of Swansea city centre. It has a population of 7,500. Clydach has a number of primary schools, neighbouring Glais also has a primary school. The high street is home to a range of independent retail and food outlets.

The immediate area provides good lines of communication via the main B4603, and the A4067 carriageway which connects the M4 to the upper part of the Swansea Valley. The M4 Motorway (J45) is approximately 2.5 miles to the south. The site is located on Capel Road which leads directly to the High Street in the centre of Clydach.

DESCRIPTION

The commercial site includes an MOT garage to the rear, car showroom and forecourt fronting onto Capel Road. The adjoining semi-detached property would also be included in the sale which comprises of a ground floor shop (part of the garage) and a first-floor flat, tenant in-situ at £445 p/c/m.

The commercial part is currently let at £38,400 p/a and is due to vacate January 2026.

TENURE​

Freehold with vacant possession. Titles included:

•WA462939

•CYM731629

•WA114076

•WA114077

•WA251413

•WA235438

VAT​

All figures are exclusive of VAT, where applicable.​

​

BUSINESS RATES​

Interested parties are asked to verify rates payable by contacting the local authority.

ASKING PRICE

We have been instructed to seek offers in the region of £495,000.

The post CAPEL ROAD, CLYDACH, SWANSEA, SA6 5PE appeared first on Glanmor Charterted Surveyors.