Light Industrial for sale

Unit 10, Newtown Industrial Estate, Cross Keys, Newport, NP11 7PZ

17,278 sq. ft. | £650,000

Property Description

Commercial information

  • 17,278 sq ft (1,605 sq m)

Full description

Tenure: Freehold

LOCATION
The Newtown Industrial Estate is located in Crosskeys approximately 5 miles north west of Junction 28 of the M4 Motorway via the A467 dual carriageway. The property is therefore conveniently located to serve the M4 corridor.

DESCRIPTION
The property briefly comprises of a detached industrial/workshop building and two storey office facility that has the significant benefit of being set within a yard that extends to approximately 2.24 acres or thereabouts.

The two bay factory/workshop unit is an at cost building constructed around a concrete portal frame with concrete asbestos clad roof incorporating translucent light panels. The unit provides for 3m to underside of truss and 3.66m to apex.

To the front of the industrial unit is a purpose built two storey office/workshop wing which provides for a range of individual offices and workshops with this part of the property constructed under a felt laid flat roof.

The property is set within a substantial site that is laid in part to hardcore.

The property requires some modernisation and refurbishment.

ACCOMMODATION
Factory/Warehouse - 688 sq m (7,408 sq ft)
Ground Floor Office/Ancillary - 495 sq m (5,320 sq ft)
1st Floor Office/Ancillary - 423 sq m (4,550 sq ft)
Total - 1600 sq m (17,278 sq ft)

TERMS
The property is available either To Let or For Sale.

The property is offered for sale freehold tenure and with full vacant possession inviting offers in excess of £650,000.

The property is available To Let under terms of a new lease for a term of years to be agreed at an asking rental of £60,000 per annum exclusive.

OUTGOINGS
The valuation office website advises a rateable value of £36,000 so rates payable 2016/17 of £17,496.00.

VAT
All figures quoted are exclusive of VAT if applicable.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.

VIEWING
Strictly by appointment only through
sole marketing agents:

Messrs Watts & Morgan
Tel: (01656) 644288
Email: commercial@wattsandmorgan.wales

Please ask for Dyfed Miles or Kate Harris.


More information from this agent

Nearest stations

  • Crosskeys (0.3 mi)
  • Risca & Pontymister (1.7 mi)
  • Rogerstone (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watts & Morgan, Bridgend Commercial

1 Nolton Street, Bridgend, CF31 1BX

01656 501012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Crosskeys (0.3 mi)
  • Risca & Pontymister (1.7 mi)
  • Rogerstone (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watts & Morgan, Bridgend Commercial

1 Nolton Street, Bridgend, CF31 1BX

01656 501012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100565020103. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Watts & Morgan, Bridgend Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.