The property is situated within a courtyard development of small industrial units. The subject property comprises a terrace industrial / workshop unit and is of steel portal frame construction with blockwork and clad elevations. There is a roller shutter door, pedestrian door and a fire door to the rear. The property benefits from three phase electricity, a minimum eaves height of 5.15 meters and a roller shutter door height of 4.94 meters. A full length permanent mezzanine floor has been built over the unit, comprising office / ancillary accommodation.
The unit is situated on the established Bedwas House Industrial Estate approximately 1.5 miles to the east of Caerphilly Town Centre. Access to Roundabout Court is via
The Greenway, the principal roadway on the estate. The estate is directly accessed off the A468 which provides access to Junction 28 of the M4 at Newport, some 7 miles to the east and the A470 Cardiff - Merthyr dual carriageway and Junction 30 of the M4 some 5 miles to the west. Surrounding occupiers on Bedwas House Industrial Estate include Peter`s Food Services, Travis Perkins and DAS Legal Services.
From measurements taken on site we have calculated the following approximate gross internal floor areas:-
Main Production Area (incl. WC) - 950 sq ft (88.25 sq m)
First Floor Mezzanine Offices - 855 sq ft (79.43 sq m)
Total Gross Internal Area - 1,805 sq ft (167.69 sq m)
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £6,900
Uniform Business Rate 2023/24: 53.5
Gross Rates Payable: £3,691.50
We advise all interested parties should make their own enquires with the Valuation Office Agency and Local Authority in this regard.
The property is available for sale freehold, with a simultaneous leaseback on the following terms:
Tenant: Cardiff Steel Erection Limited (Reg: 05496163)
Term: New 5 year lease
Rent: £900 per calender month (£10,800 per annum)
Lease: Full Repairing and Insuring terms
Further details available on request.
TENANT COVENENT
Cardiff Steel Erection Limited have a Creditsafe score of A (76) representing a very low risk company.
We have been advised that the property is elected for VAT.
Please contact our Caerphilly Office on 02920 867711 if you wish to arrange a viewing appointment for this property or require further information.
Brinsons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
