Building 4 Newbridge Industrial Estate Pontllanfraith Blackwood NP12 2XF

Building 4
Newbridge Industrial Estate
Pontllanfraith
Blackwood
NP12 2XF

Freehold Industrial Investment

  • Let to Polymer Extrusions Limited
  • July 2016 break option was not exercised by the tenant
  • Approximately 27,000 sq ft with large service yard
  • Located on the established Newbridge Road Industrial Estate
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    108
  • Auction
    13th October 2016
  • Rent
    £65,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £617,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On Behalf of a Major Fund Manager
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Industrial Investment

  • Let to Polymer Extrusions Limited
  • July 2016 break option was not exercised by the tenant
  • Approximately 27,000 sq ft with large service yard
  • Located on the established Newbridge Road Industrial Estate
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 108
  • Auction 13th October 2016
  • Rent
  • Status Sold
  • Price £617,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
13 miles north-west of Newport, 15 miles north of Cardiff
Roads
A467, A472, A4048, M4
Air
Cardiff Airport
Situation

Newbridge Road Industrial Estate is situated about 7 miles north of Caerphilly. Junction 28 of the M4 and Newport is about 10 miles to the south and accessed via the A467. The property is situated on the southern side of A4048, north of its junctions with Newbridge Road (B4251) and A472, on the established Newbridge Road Industrial Estate. Other occupiers on the estate include Pack-IT Group, Plumb Center Blackwood and Frontier Medical Supplies. Other occupiers in the area include Sainsbury's Supermarket and G.T.S. Coaches.

Tenure

Freehold.

Location
Miles
13 miles north-west of Newport, 15 miles north of Cardiff
Roads
A467, A472, A4048, M4
Air
Cardiff Airport
Situation

Newbridge Road Industrial Estate is situated about 7 miles north of Caerphilly. Junction 28 of the M4 and Newport is about 10 miles to the south and accessed via the A467. The property is situated on the southern side of A4048, north of its junctions with Newbridge Road (B4251) and A472, on the established Newbridge Road Industrial Estate. Other occupiers on the estate include Pack-IT Group, Plumb Center Blackwood and Frontier Medical Supplies. Other occupiers in the area include Sainsbury's Supermarket and G.T.S. Coaches.

Tenure

Freehold.

Description

The property comprises a large industrial warehouse unit comprising two bays with service yard to the rear. The property has an approximate site area of 0.706 hectares (1.74 acres).

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a large industrial warehouse unit comprising two bays with service yard to the rear. The property has an approximate site area of 0.706 hectares (1.74 acres).

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground Industrial 2,508.38 sq m (27,000 sq ft) POLYMER EXTRUSIONS
LIMITED (2)
9 years from
05 /07/2010
£65,000 (1) 04/07/2019
TOTALS   2508.38 sq m (27,000 sq ft)     £65,000  

(1) The current contractual rent is £55,000 per annum from 05/07/2016 rising to £60,000 per annum on 05/07/2017 and to £65,000 per annum on 05/07/2018. The vendor has agreed to adjust the completion monies so that the property effectively produces £65,000 per annum from completion of the sale.
(2) Polymer Extrusions Limited manufacture extrusion tubes and profiles and are a compounder of industrial waste polymers. They recycle manufacturers’ waste streams back to compounded materials for re-use in the plastics industry (Source: www.polymerextrusions.co.uk 14/09/2016).

Property Documents

  • Site Plan
    Updated Date
    30.10.19
    File Size
    48 KB
    View PDF
  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    867 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Irwin Mitchell LLP 40 Holborn Viaduct
London
EC1N 2PZ
Rupert Dowdell 0207 400 8721rupert.dowdell@irwinmitchell.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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