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Commercial Property for sale

Nine Mile Point, Cwmfelinfach

Sold STC 4,250 sq. ft. | £169,950

Property Description

Commercial information

  • 4,250 sq ft (394 sq m)

Key features

  • Modern end terrace industrial unit with recently refurbished office content
  • Accommodation of circa 4,250 sq ft (394.83 sq m)
  • Recently refurbished throughout
  • Established industrial estate
  • EPC Band: G

Full description

The subject property comprises an end of terrace industrial unit of steel portal frame construction comprising warehouse and two storey office accommodation.

Location - The subject property is located in Cwmfelinfach, to the north of the M4 via the A467 and A4048. The Estate comprises a mixture of ownerships with occupiers including Mollertech, Bar Foods, E.T. Equipments Ltd and Senator Windows. Cwmfelinfach is located around 9 miles north of Newport and 18 miles north of Cardiff.

Description - The subject property comprises an end of terrace industrial unit of steel portal frame construction comprising warehouse and two storey office accommodation.

The offices have recently undergone full refurbishment to include a newly fitted kitchen and toilets with plastered and painted walls and carpeting throughout. The property is alarmed and benefits from electric wall mounted heaters in the office accommodation.

Externally there is parking directly to the front of the unit and a parcel of land to the side elevation which could be utilised for an extension / car parking subject to obtaining the necessary planning consents.

Accommodation - From measurements taken on site we have calculated the following approximate floor areas:-

Ground Floor - Warehouse - 1,707 sq ft (158.58 sq m)
Offices Workshops and Stores - 1,282 sq ft (119 sq m)

First Floor - Offices - 1,261 sq ft (117.15 sq m)

Total - Total - 4,250 sq ft (394.83 sq m)

Mezzanine Floor - 336 sq ft (31.21 sq m)

Services - We understand that all mains services are connected to the property.

Terms - The property is available to purchase on a long leasehold basis (199 years less 3 days from the 28th March 1991) with full vacant possession.

Price - Long leasehold price - £169,950 exclusive.

Business Rates - We have made enquiries of the Local Authority who have verbally informed us of the following:-

Rateable Value: £17,750
Uniform Business Rate 2016/17: 48.6
Gross Rates Payable: £8,626.50

Vat - We understand that VAT is not payable.

Viewings - Strictly by appointment with the sole agents:

Brinsons
Eastgate
Market Street
Caerphilly
CF83 1NX

Tel: 02920 867711
Fax: 02920 864028

Daniel Jones - daniel.jones@brinsons.co.uk
Beverly Williams beverly.williams@brinsons.co.uk

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