Units 4, 5 ,7 & 8 London Road Industrial Estate Pembroke Dock Pembrokeshire SA72 4RZ

  • Units 4, 5 ,7 & 8 London Road Industrial Estate<br>Pembroke Dock<br>Pembrokeshire<br>SA72 4RZ

Units 4, 5 ,7 & 8 London Road Industrial Estate
Pembroke Dock
Pembrokeshire
SA72 4RZ

Freehold Industrial Investment

  • Part let to Celtic Food Services Ltd andCeltic Wines Limited
  • Approximately 3,268.96 sq m (35,187 sq ft)
  • Situated on established industrial estate
  • Asset management opportunities
  • Low capital value on guide price
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    52
  • Auction
    21st May 2015
  • Rent
    £55,080 per Annum Exclusive
  • Status
    Sold
  • Price
    £400,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Joint Fixed Charge Receivers CBRE
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Freehold Industrial Investment

  • Part let to Celtic Food Services Ltd andCeltic Wines Limited
  • Approximately 3,268.96 sq m (35,187 sq ft)
  • Situated on established industrial estate
  • Asset management opportunities
  • Low capital value on guide price
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 52
  • Auction 21st May 2015
  • Rent £55,080 per Annum Exclusive
  • Status Sold
  • Price £400,000
  • Sector
    Industrial, Warehouse
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Joint Fixed Charge Receivers CBRE

Property Information

Location
Miles
9 miles south of Haverfordwest, 30 miles south-west of Carmarthen
Roads
A477, A4139
Rail
Pembroke Dock Railway Station
Air
Cardiff International Airport
Situation

The property is located on an established industrial estate one mile east of Pembroke Dock town centre. The property is situated on Paterchurch close to its junction with London Road (A477) which links with the A40 to the east leading to Carmarthen. Other nearby occupiers include City Electrical Factors, Alamo and Braemar.

Tenure

Freehold.

Location
Miles
9 miles south of Haverfordwest, 30 miles south-west of Carmarthen
Roads
A477, A4139
Rail
Pembroke Dock Railway Station
Air
Cardiff International Airport
Situation

The property is located on an established industrial estate one mile east of Pembroke Dock town centre. The property is situated on Paterchurch close to its junction with London Road (A477) which links with the A40 to the east leading to Carmarthen. Other nearby occupiers include City Electrical Factors, Alamo and Braemar.

Tenure

Freehold.

Description

The property comprises four semi-detached industrial units arranged in two blocks. Unit 4 comprises ground floor warehouse and office accommodation with office and ancillary accommodation on the first floor. Unit 5 comprises a ground floor warehouse. Both Unit 4 and Unit 5 benefit from forecourt car parking. Unit 7 and Unit 8 comprise ground floor warehouse accommodation. There is an electricity sub-station on site.

Six Week Completion

Note
This property is being marketed for sale on behalf of Joint Fixed Charge
Receivers and therefore no warranties or guarantees in any respect,
including VAT, can be given. The information in these particulars has been
provided by the Joint Fixed Charge Receivers to the best of their
knowledge but the purchaser must rely solely upon their own enquiries.
The Joint Fixed Charge Receivers are not bound to accept the highest or
any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

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 four semi-detached industrial units arranged in two blocks. Unit 4 comprises ground floor warehouse and office accommodation with office and ancillary accommodation on the first floor. Unit 5 comprises a ground floor warehouse. Both Unit 4 and Unit 5 benefit from forecourt car parking. Unit 7 and Unit 8 comprise ground floor warehouse accommodation. There is an electricity sub-station on site.

Six Week Completion

Note
This property is being marketed for sale on behalf of Joint Fixed Charge
Receivers and therefore no warranties or guarantees in any respect,
including VAT, can be given. The information in these particulars has been
provided by the Joint Fixed Charge Receivers to the best of their
knowledge but the purchaser must rely solely upon their own enquiries.
The Joint Fixed Charge Receivers are not bound to accept the highest or
any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Review/(Reversion)
4 Ground
First		 Warehouse/Offices
Offices/Ancillary
1,084.60 sq m
130.80 sq m
(11,675 sq ft)
(1,408 sq ft)
 CELTIC FOOD SERVICES LTD AND
CELTIC WINES LIMITED with personal guarantees (1)		 Lease renewal for 2 years from 08/09/2013 £35,000 (07/09/2015)
5 Ground Warehouse/Ancillary
1,097.00 sq m
(11,808 sq ft)
 VACANT POSSESSION - - -
7 Ground Warehouse/Ancillary
479.78 sq m
(5,164 sq ft)
 WAYNE MORGAN (2) Lease renewal for 10 years from 01/07/2014 (3) £20,000 01/07/2019
(30/06/2024)
8 Ground Warehouse/Ancillary
476.78 sq m
(5,132 sq ft)
 VACANT POSSESSION - - -
Electricity Sub-Station  
-
(-)
 WESTERN POWER DISTRIBUTION (SOUTH WATER) PLC 25 years from 22/08/2007 until 2032 £80 -
Totals    
3,268.96 sq m
(35,187 sq ft)
     £55,080  

1) Celtic Wines was established in 2004 as an independent wine merchant. (www.celticwines.com).
(2)Trading as Pembrokeshire Engineering who have over 27 years’ experience in all aspects of steel fabrication (www.pembrokeshireengineering.co.uk)
(3)The lease provides for a tenant option to determine on 1st July 2019.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Howard Kennedy Solicitors No. 1 London Bridge
London
SE1 9BG
Amy O'Gorman 020 3755 5637amy.ogorman@howardkennedy.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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