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Light Industrial to rent

Symondscliffe Way, Caldicot, Monmouthshire, NP26

£16,500 pa| £1,375 pcm

Property Description

Commercial information

  • Use class orders: B1 Business and B8 Storage and Distribution

Letting information:

Furnishing: Unfurnished

Full description

LOCATION

The property is located in Caldicot, in south Monmouthshire, between Chepstow and Magor. Caldicot is five miles west of Chepstow, and 12 miles east of Newport and lies just south of the M48 motorway. Caldicot is easily accessible from Bristol, Cardiff and Newport via the M4 motorway, followed by the B4245 through Chepstow and Magor.

DESCRIPTION

 Modern, mid terrace light industrial unit
 Portal steel frame construction with brick/block and profile metal elevations set under a pitched roof clad with profile metal sheets and translucent light panels
 External yard and parking
 Ground floor workshop with first floor office

ACCOMMODATION

The property has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) the property comprises the following (approx.) areas:-

Description sq m / sq ft
Ground Floor 194.24 / 2,090
First Floor 14.79 / 159
Gross Internal Area 209.03 / 2,249

TENURE

The property is available by way of a new Full Repairing and Insuring lease, on terms to be agreed.

RENT

13,500 per annum exclusive.

BUSINESS RATES

The Valuation Office website states that the premises are into the 2010 rating list as follows:-

Description: Workshop & Premise
Rateable Value: 9,100

PLANNING

We have not made any enquiries with the Local Authority with regard to the current planning consent, however, we have assumed that the property will be suitable for Classes B1 (Business) and B8 (Storage and Distribution) under the Town & Country Planning (Use Classes) Order 1987 as amended. Interested parties are advised to make their own enquiries to ensure their proposed use would be permitted.

LEGAL COSTS

Each party to bear their own legal costs incurred in the transaction.

VAT

All prices are quoted exclusive of VAT whether or not chargeable.


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