REVERSIONARY MULTI LET INDUSTRIAL INVESTMENT Gwaelod y Garth Industrial Estate | Junction 32 M4 | Cardiff | CF15 9AA 02 Gwaelod y Garth Industrial Estate | J32 | M4 Motorway | Cardiff The Opportunity ç ç Gwaelod y Garth comprises a prominent, well- The recent new headline rent at £5.50 per sq ft established, multi-let industrial / trade counter estate represents a 13.9% increase on previous levels and accessed off the A470 which is the main arterial route offers competitive rents compared to Cardiff City Proposal ç between Cardiff and the South Wales Valley areas. ç centre industrial estates. ç The freehold comprises six units in three terraces, Diversified income profile with 73% attributable to Seeking offers in excess of £3,380,000 totalling a Gross Internal Area of 49,920 sq ft strong tenants with a Fame Credit score of 89% and (Three Million, Three Hundred and Eighty (4,637.68 sq m). The units provide an attractive above (rated Secure), including the Royal Mail, with a Thousand Pounds) reflecting an attractive minimum eaves height of 6m and some of the larger number of asset management opportunities in the Net Initial Yield of 7%, after deducting units have the potential for further sub-division. short to medium term. standard purchaser’s costs of 7.16%, and a ç ç low Capital Value of £68 per sq ft. The estate is fully-let to six occupiers with a WAULT of Cardiff was recently ranked 2nd in the UK for annual ç 6.91 years to lease expiries (4.13 years to break industrial rental growth at 9.9% (CoStar – 12 months Subject to Contract and Exclusive of VAT. ç options). prior to February 2019). Current rent of £253,601 per annum and a low average rent of £5.08 per sq ft with reversionary potential. 1 03 Gwaelod y Garth Industrial Estate | J32 | M4 Motorway | Cardiff M4 Greenmeadow Springs Offices J32 M4 A470 New £100m Rail Depot Ty Nant Court Offices Taffs Well Railway Station GWAELOD Y GARTH INDUSTRIAL ESTATE Treforest Industrial Estate Taffs Well New £100m Railway Station Rail Depot Taffs Well Industrial Estate A470 GWAELOD Y GARTH INDUSTRIAL ESTATE For indicative purposes only 04 Gwaelod y Garth Industrial Estate | J32 | M4 Motorway | Cardiff Location Forecasted Growth ç ç ç Located in Cardiff, Wales’ capital city and the prime Considerable recent inward investment has propelled Cardiff The City is one of a conglomerate of ten Local Authorities commercial hub in the region. firmly into ‘Core City’ status and significantly raised its profile to sign the Cardiff Capital Regional Deal which is a £1.2bn ç through a number of developments around Cardiff Central regional investment vehicle tasked with powering forward Exceptionally well-connected estate in an established Station. Much of this redevelopment of the city has decreased major infrastructure projects, create a new innovation hub with industrial, logistics and trade location at the intersection of the the inner-city industrial stock levels. 25,000 new skilled jobs and leverage an additional £4bn of A470 and Junction 32 of the M4 Motorway with easy access ç private sector investment. to Cardiff City centre. Cardiff is the fastest growing UK City. Currently at 350,000 ç residents, Cardiff is forecast to grow faster than any other M4 Junction 32 / A470 is regarded as the most important UK City in population terms (26%) over the next 20 years – road intersection in Wales. including London. Population growth has already been at 12% over the last 10 years. LEOMINSTER WORCESTER BRECON M50 A470 GLOUCESTER CHELTENHAM A465 A465 MERTHYR TYDFIL SWANSEA A470 NEATH 42 SWINDON GWAELOD Y GARTH INDUSTRIAL ESTATE 26 M49 NEWPORT 32 33 BRISTOL CARDIFF BRISTOL CHANNEL BATH WESTONSUPERMARE BRIDGWATER 05 Gwaelod y Garth Industrial Estate | J32 | M4 Motorway | Cardiff A303 Connectivity YEOVIL Cardiff is a capital city thriving on its rapid connectivity both TrainRail SHIPSea domestically and internationally by road, rail, sea and air. ç A30 ç EXETER CarRoad Mainline rail connectivity is via Cardiff Central Railway South Wales also has significant shipping infrastructure. Stations with journey times of 2 hours to London and Associated British Ports have ports in Cardiff, Barry, Newport, ç Birmingham New Street. Port Talbot and Swansea which collectively handle more than 12 Linked to major national road infrastructure via Junctions million tonnes of cargo per annum. 29-33 of the M4 Motorway providing access to Cardiff City ç Journey times will compress to just 1 hour 40 minutes to centre and the other major South Wales cities of Newport ç London following completion of electrification works by the In addition, Milford Haven is the 3rd largest port in the UK and the and Swansea. end of 2019 which form part of the £5 bn South Wales Metro largest energy port, handling over 30 million tonnes of cargo per year. ç project. The A470, leading from Junction 32 of the M4, is the main Distance by road Train times from Cardiff arterial route from Cardiff to the South Wales Valleys areas ç The project also includes replacement of the entire fleet, Newport 15 miles Bristol 50 mins and the Heads of the Valleys (A465) road which has recently electrification of the Valleys lines and extended services. Swansea 41 miles Birmingham 119 mins undergone £800m improvement works to create a new dual- Plane Bristol 43 miles London 127 mins carriageway. Air Birmingham 113 miles Manchester 190 mins ç ç The Severn Bridge tolls were also abolished in December Cardiff International Airport is located 11 miles south-west Reading 114 miles Journey times to London will 2018 which has boosted industrial occupier confidence in of the City Centre and provides direct flights to an ever- London 147 miles the region. expanding array of global destinations. compress by circa 20 minutes following electrification. Treforest Industrial Estate To Merthyr Tydfil C a r di f f A470 GWAELOD Y GARTH R d Taffs INDUSTRIAL ESTATE Well To Newport, Bristol M5 M and London ai n R d Castell Coch Golf Club M4 B4262 Greenmeadow T A470 y Spring Office - N Park a Holiday Inn n t R d A470 No rt To Swansea 32 he C t rn ory u A ton Roundabo v e n Village Hotel u B e 4 M4 2 Whitchurch 6 Asda Coryton 2 GE Healthcare To Cardiff For indicative purposes only City centre 06 Gwaelod y Garth Industrial Estate | J32 | M4 Motorway | Cardiff Situation Surrounding Occupiers The estate is situated in north Cardiff, between the affluent This is evidenced through the calibre of occupiers within the suburbs of Radyr and Gwaelod y Garth. It sits adjacent immediate vicinity which includes the Royal Mail, Phoenix to J32 of the M4, the most important road junction in Wales. Healthcare Distribution, South Wales Police vehicle depot, Travis As such it provides a compellingly attractive location to Perkins, Rhys Davies Logistics, Mon Motors and DHL, amongst occupiers requiring good road access and favourable others. drive time / catchment dynamics. The Welsh Government has recently announced a £100 million Gwaelod y Garth together with Taffs Well Industrial Estate forms investment in Taffs Well to develop a new Transport for Wales rail a well-established industrial location within close proximity to depot which will act as a new maintenance and integrated control Wales’ Capital City and convenient access to the main road links centre, as part of the £5 bn South Wales Metro Project. This will providing occupiers with a larger catchment area based on also include a redevelopment of Taffs Well train station to include drive-time. a commuter-hub park & ride facility given its proximity to J32 of the M4 and the A470. LEOMINSTER WORCESTER DRIVE TIMES 783,000 people 60 MINS BRECON M50 30 min drive time 30 MINS GLOUCESTER podcast 2,557,000 CHELTENHAM people 60 min drive time MERTHYR TYDFIL SWANSEA NEATH GWAELOD Y GARTH SWINDON affluent INDUSTRIAL ESTATE households within M49 catchment 53% NEWPORT 07 32 BRISTOL 5.6% growth of CARDIFF BRISTOL CHANNEL BATH population within a 30 mins WESTONSUPERMARE drive time by 2028 Car For indicative purposes only 07 GwaelodBRIDGWATER y Garth Industrial Estate | J32 | M4 Motorway | Cardiff Catchment areas ç ç YEOVIL Given the estate’s exceptional connectivity, occupiers have Extending this to a 60-minute drive time the total population an enlarged customer base which they are able to capitalise occupiers can access is 2,557,000 which is forecast to grow Severn Bridge on based on drive-times. This has further increased through by circa 4.7% over the next 10 years to 2,668,000. ç the abolition of the Severn Bridge toll in 2018. This previously Of this 53% are categorised as affluent households. toll abolished prevented many occupiers from tapping into the South West ç There is a growing online shopping base of 21% with customer base. EXETER ç increased forecasted demand for last-mile logistics. Using 2018 figures there is a total population of circa in 2018 783,000 within a 30-minute drive and is forecast to increase (Source: CACI/Knight Frank) to 827,000 by 2028 (5.6% growth). Unit 1A - Prior to letting to JD Cleverly Ltd 08 Gwaelod y Garth Industrial Estate | J32 | M4 Motorway | Cardiff Description The estate is a multi-let trade counter / light industrial estate comprising 6 units, totalling 49,920 sq ft (4,637.68 sq m), across 3 terraces. The units are on a self-contained site with prominence on to a busy main road. Each unit contains the following specification: ç ç Concrete frame construction with brick and profiled Level access roller shutter doors ç steel cladding External loading / circulation area with dedicated car parking ç ç Pitched steel truss roofs with translucent panels Each unit has all mains services connected including gas ç ç Suspended sodium lighting Alternative uses established on the estate such as ç Attractive 6m minimum eaves height D1 use (Unit 2C) ç ç Single storey offices with WCs Unit 3 (Royal Mail) benefits from a demised secure yard 09 Gwaelod y Garth Industrial Estate | J32 | M4 Motorway | Cardiff Accommodation Planning The estate has been measured on a Gross Internal Area in The estate benefits from B1, B2 and B8 planning permissions and Unit 2A accordance with the RICS Code of Measuring Practice (6th D1 planning use for a veterinary clinic has recently been approved Edition).