Pentood Industrial Estate, Cardigan, SA43

**An exciting business and investment opportunity**An enclosed 2 Acre site with extensive covered storage, office, retail and industrial units of 42,000 sq ft**Currently 16 Units ranging from 650 sq ft up to 8,000 sq ft plus 5 offices ranging from 177 sq ft to 482 sq ft**Prominently positioned within the prime industrial and retail estate of the busy West Wales town of Cardigan**Rental income in the region of £146,000 p.a.**Other tenants on the Pentood Industrial Estate includes Jewsons,  Howdens, City Plumbing, Dulux decorative centre, R J Factors, Grow it Mow It, LBS Building Supplies, Wynnstay etc.**

This opportunity is situated within the bustling Pentood Industrial Estate at the town of Cardigan which lies in the Teifi Valley and offers regional hospital, secondary education and college, local and national retailers which include Tesco, B&M, local cafes, bars, restaurants and hotels and only a few miles inland from the Cardigan Bay coast. The town is recognised as a main strategic centre on the boundaries of the counties of Cardigan and Pembrokeshire with good connectivity being alongside the main A487 West Wales coast road. 

The premises benefit from Mains Electric (Three phase and single phase). Mains Water. Drainage. Mains Gas available. 

Tenure - Freehold. 

Business Rates - (Ceredigion County Council). 

THE PROPERTY

The property is set within its own secured site of 2 Acres or thereabouts with excellent access off the main spine road serving the Industrial Estate.

The buildings are extremely well maintained of steel portal frame construction with box profile cladding with elevations in part of brick construction.

An attractive looking building for the purposes of retail and storage or indeed light industrial use.

The ground floor is divided so as to provide 15 separate units ranging in size from 650 sq ft up to 8,000 sq ft

To the First Floor, which is currently equipped as a Gym is of some 8,516 sq ft.

In addition there are first floor offices, 5 units in all ranging from 177 sq ft to 482 sq ft.

In total the buildings cover some 42,000sqft.

PROPERTY POTENTIAL

The property can be purchased on a full vacant possession basis, there are currently a number of tenants insitu on an informal basis which agreement can be formalised if a purchaser wishes.

The potential income can be as much as £146,000 per annum. However, prospective purchasers must firstly inspect the property and showing bona fide interest.

We are advised that the current Business Rates is approx £1300 per month.

MONEY LAUNDERING

To comply with Government anti-money laundering legislation, we are legally required to carry out identity and verification checks on all buyers and sellers.
We work with our trusted and industry-recognised partner, Coadjute, who will send you a secure link to complete these biometric checks electronically once your offer has been accepted (subject to contract).
A non-refundable fee of £45 + VAT per person is payable directly to Coadjute for this service. These checks must be completed before we can issue the memorandum of sale to the solicitors and progress the transaction.
If you have any questions or need any assistance, please don’t hesitate to contact the office – we’re always happy to help.

VIEWING

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LAND TRANSACTION TAX

The purchase of this property may be subject to Land Transaction Tax (LTT). The amount payable will depend upon the purchase price and the purchaser’s individual circumstances. Buyers are advised to use the Welsh Revenue Authority Land Transaction Tax calculator and/or seek advice from their solicitor or financial adviser.