14 Western Industrial Estate 6,000 SF 100% Leased Industrial Building Caerleon NP18 3NN £800,000 (£133.33/SF)
INVESTMENT HIGHLIGHTS
- Potential for development
- Easily accessible with separate access points
- Investment opportunity
EXECUTIVE SUMMARY
Western Industrial Estate is situated on Ponthir Road in Caerleon, five miles north east of Newport City Centre. The site is strategically well located in close proximity to J24 of the M4 to the south, A449 to the east and A4042 to the west. The surrounding area is a mixture of residential and commercial uses including Renault, Suzuki, Fiat and the Caerleon Campus development site.
Western Industrial Estate is made up of a mixture of portal framed warehouses and open storage yards, all fenced with their own designated access points. To the rear of the site is a parcel of land circa 1.2 acres which has the potential for further development, subject to planning. The site is available to purchase freehold. The freehold is split into two titles - WA233622 and WA301433. There are 6 long leaseholders and 5 short leases. All lease, title and plans available on request.
Western Industrial Estate is made up of a mixture of portal framed warehouses and open storage yards, all fenced with their own designated access points. To the rear of the site is a parcel of land circa 1.2 acres which has the potential for further development, subject to planning. The site is available to purchase freehold. The freehold is split into two titles - WA233622 and WA301433. There are 6 long leaseholders and 5 short leases. All lease, title and plans available on request.
PROPERTY FACTS
| Price | £800,000 |
| Price Per SF | £133.33 |
| Sale Type | Investment |
| Sale Condition | Development Sale |
| Tenure | Freehold |
| Property Type | Industrial |
| Lot Size | 3.60 AC |
| Rentable Building Area | 6,000 SF |
| Number of Floors | 1 |
| Year Built | 1960 |
AMENITIES
- Bus Route
- Storage Space
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