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Freehold

£1,950,000

Office for sale

Bridgend Science Park, Technology Drive, Bridgend CF31

£1,950,000

Office for sale
Bridgend Science Park, Technology Drive, Bridgend CF31

    Freehold

    About this property

      • Virtual freehold.

      • Strategic location with excellent road links via Junctions 35 and 37 of the M4 motorway.

      • Vacant data centre of 33,207 sq ft (3,085 sq.m).

      • Site of 4.02 acres plus surplus site of additional 3.31 acres. Total of 7.33 acres (2.97 ha)

      • Opportunity to recommission as data centre or repurpose for offices or alternative uses.

      • Seeking offers for the long leasehold property including the surplus land.

      Location

      Bridgend is located between Cardiff 22 miles to the East and Swansea 24 miles to the West and has a resident population of around 145,000.
      The town benefits from excellent road links with Junctions 35 to 37 of the M4 within close proximity. Bridgend also has direct intercity rail services with journey times of 20 minutes to Cardiff, 67 minutes to Bristol and 148 minutes to London Paddington.
      Cardiff International Airport is 10 miles to the East and offers a wide range of international flights.

      Situation

      The property is situated on the Bridgend Science Park immediately off Junction 35 of the M4 and is accessed via Technology Drive. Bridgend town centre is approximately 1 mile to the North.
      Bridgend Science Park was established in the early 1990’s to provide R&D premises and is home to companies including Severn Trent Water, Photronics Limited and Neogen Foodsafety UK Limited. The surrounding area is mostly residential.
      The property is located close to Bridgend Retail Park and Park Plaza RetailPark with occupiers including Next, Dunelm, McDonalds, Argos and Costa.
      The Best Western Heronston Hotel and Spa is located within a short walk and offers a range of leisure and business conference facilities.

      Description

      The property was originally developed as a high quality office and R&D building and was subsequently fitted out for use as data centre.
      The property was developed as a Tier II / III data centre built in 1993 for Welsh Water on a site extending to 7.33 acres, approximately 3 acres of which is currently vacant land.
      It is a typical pavilion style office development, the main building is arranged over two floors, and is constructed of steel frame, with concrete floors, brick elevations and a standing seam metal roof with double glazed windows.
      The ground floor comprises data halls and the first floor provides largely open plan offices and ancillary accommodation.

      The property benefits from:
      • Air conditioning
      • Single lift
      • Raised technical floors
      • Fluorescent strip lighting
      • C. 100 car parking spaces
      There is a separate detached building providing an additional data centre
      along with a further compound housing the backup generators and a single
      storey back-up data-centre hall.
      The data centre has been de-commissioned but when in operation constituted
      a Tier II/III data-centre with the following specification:
      • No. Data Halls: 11
      • Power: 2.0MVA with ability to increase to 2.5MVA
      • Fire suppressant system: Gas suppression system in the halls
      • Power and cooling: N+1
      • The net technical area (‘nta’) equates to the usable raised platform capable
      of connecting network storage servers and is serviced by adequate power,
      cooling, and fire suppressant systems, required for operation of a data
      centre. The ‘nta’ is capable of housing circa 500 racks.

      Accomodation

      Ground Floor
      Data hall including detached data hall - 1,999 sq.m (21,514 sq. Ft)
      First Floor
      Offices 1,086 sq.m (11,693 sq. Ft)
      Total 3,085 sq.m (33,207 sq. Ft)

      Tenure

      Virtual freehold by way of a 999 year lease from 7 May 1994

      Vat

      We understand that the property has been elected for VAT

      Data Room

      Access to the Data room is available on request.

      Proposal

      Offers are invited for the long leasehold interest, subject to contract and exclusive of VAT

      Epc

      Energy Rating - Band C

      Anti Money Laundering

      In accordance with Anti-money laundering regulations, the purchaser will be required to satisfy the vendor on the source of funds used to complete the transaction.

      Viewing

      Strictly by appointment only through
      joint selling agents:

      Messrs Watts & Morgan llp

      Tel: Email:
      Please ask for
      Dyfed Miles or Matthew Ashman

      Messrs Carter Jonas

      Andrew Mitchell
      Tom Bradley

      More information

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