Bridgend is located in Wales, approximately 37 km (23 miles) west of Cardiff and 37 km (23 miles) south-east of Swansea.

The town benefits from good road communications, being served by the A4061 which links directly with Junction 36 of the M4 Motorway, approximately 4 km (2.5 miles) to the north. The A473 connects with Junction 35 to the east and the A48 with Junction 37 to the west.

Bridgend is also connected to the national railway network with a fastest journey time to London Paddington of 2 hours and 13 minutes. There are also regular services to Cardiff with a journey time of only 20 minutes. Cardiff International Airport is approximately 27 km (17 miles) to the south-east.

Bridgend College offers courses in building and construction, engineering and business. The University of South Wales, Swansea and Cardiff Universities are easily accessible, giving employers the potential to source skilled employees and apprentices.

The property has been measured by BKR Floor Plans and provides the following Net Internal floor areas:

A set of floor plans is available to download and the measured survey report will be re-addressed to a purchaser at a cost of £525.00 + VAT.

The Works Stores Limited (Co. No. 06557400), has reported the following figures;

The ultimate parent company is The Works.co.uk, listed on the London Stock Exchange.

The Works is one of the UK’s leading multi-channel specialist retailers of value gifts, arts, crafts, toys, books and stationery. The company has 527 stores throughout the UK & Ireland with over 3,000 employees.  It was placed on the Best Companies 2021 25 Best Big Companies to Work For list for the third consecutive year.

Their stores can be found on high streets, in retail parks, shopping centres and as concessions in various locations. The company also has a significant and growing online presence with its multi-channel offering, one of the first of its kind in the value retail sector, including a popular Click & Collect service, offering further convenience for customers.

The company saw a significant increase in sales prior to the COVID-19 enforced store closures in March 2020. During COVID-19 the company’s stores went into hibernation but its website continued to trade throughout. The company’s product proposition played an important role in customers’ lives during this period, providing help with children’s education, mindfulness material to support mental health and well-being products to beat the boredom during the most challenging weeks of lockdown.

During lockdown the company drove the highest follower growth versus its competitors across its’ two main social media platforms; Facebook and Instagram. This equated to a 145% follower increase year on year.

In a trading update on 12th November 2021 the company reported a two-year like for like sales increase of 14.5% and total two-year sales growth of 17.9%, with growth both online and in stores. The Group ended the period in a strong financial position, with net cash of £17.8 million. 

Despite the significant impact of COVID-19 on trading performance, the above demonstrates the resilience of the business. 

For further information see www.theworks.co.uk.

We are instructed to seek a figure of £300,000 (Three Hundred Thousand Pounds), subject to contract, reflecting a net initial yield of 11.6%, assuming standard purchaser’s costs of 3.3%.

Please note that a purchaser will be re-charged the costs of the measured survey and searches which are provided in the data room.

Please note that a purchaser will be charged a Transaction Fee of £5,000 plus VAT.