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For Sale Retail Development Site on Behalf of Bridgend County Borough Council

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For Sale Retail Development Site on Behalf of Bridgend County Borough Council FOR SALE RETAIL DEVELOPMENT SITE ON BEHALF OF BRIDGEND COUNTY BOROUGH COUNCIL The Site SAT NAV: CF32 9TD MILLERS AVENUE, BRYNMENYN INDUSTRIAL ESTATE, ABERGARW RD, BRYNCETHIN, BRIDGEND Development site to be developed for potential retail and convenience use to serve the surrounding area 0.56 acres (0.22 hectares) ON BEHALF OF BRIDGEND COUNTY BOROUGH COUNCIL MILLERS AVENUE, BRYNMENYN INDUSTRIAL ESTATE, ABERGARW RD, BRYNCETHIN, BRIDGEND SITUATION The property is located at the junction of Millers Avenue/ Abergarw Rd (A4065) at the entrance to Brynmenyn Industrial Estate, which lies approximately 1 mile to the north of Junction 36 of the M4 Motorway at Sarn Park and its associated comprehensive out of town shopping facilities at McArthurGlen and approximately 3 miles to the north of Bridgend town centre. DESCRIPTION The site totals 0.56 acres (0.22 hectares) of land. The site has a prominent location fronting the main roundabout in Bryncethin serving Abergarw Road, Ogmore Terrace and Millers Avenue. PLANNING The property is for sale on a subject to planning basis. The Bridgend Local Development Plan was adopted on 18th September 2013. The site forms part of employment allocation REG1(18) Brynmenyn Industrial Plans are for identification purposes only. Not drawn to scale. Estate. Policy REG2 of the LDP however permits in appropriate locations complementary and ancillary uses on allocated employment sites. The western part of the Valleys Gateway Sub-area is not well served in terms THE of convenience goods retailing and identifies a PROPERTY qualitative need, on sustainability grounds, within this area for such development. The site directly opposite, the former Ogmore Comprehensive School Playing Fields, was identified for residential development to include retail use up to 16,140 sq ft but was subsequently purchased by a national housebuilder for a 100% residential scheme of 108 homes. TENURE Proposals are invited for a new 250 year ground lease at an initial ground rent of £7,500 per annum subject to 15 yearly rent reviews to the higher of passing ground rent or VIEWING: 10% of the open market rent of the buildings developed. Viewing strictly by appointment with the sole agents. METHOD OF SALE Contact: Offers are invited on an informal tender basis for the Matthew Morgan Tel: 029 2034 7130 highlighted land. Tenders are to be submitted on the Email: [email protected] prescribed forms obtainable from this office and submitted to The Monitoring Officer, c/o Cabinet and Committee Dan Griffiths Services, Bridgend County Borough Council, Civic Offices, Tel: 029 2034 7133 Angel Street, Bridgend, CF31 4WB. Tenders to be Email: [email protected] received by 12 noon on Friday 24th June 2016. SUBJECT TO CONTRACT Misrepresentation Act: EJ Hales for themselves and for the vendors of the property for whom they act give notice that: (i) These particulars are a general outline only for the guidance of prospective purchasers and do not constitute the whole or any part of an offer or contract; (ii) EJ Hales cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. (iii) EJ Hales will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and (iv) The reference to any plant, machinery, equipment, services, fixtures and fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition, or that it is capable of fulfilling its intended function. Prospective purchasers should satisfy themselves as to the fitness of such items for their requirements. (v) No employee of EJ Hales has any authority to make representation or warranty or enter into any contract whatever in relation to the property. Created by Carrick • Tel: 029 2083 9120 • carrickcreative.co.uk May 2016.
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