Land and Buildings on the north side of Wroughton Place Cowbridge Road West (A48) Cardiff CF5 4AB

Land and Buildings on the north side of Wroughton Place
Cowbridge Road West (A48)
Cardiff
CF5 4AB

Freehold Industrial Investment

  • Let to Nationwide Crash Repair Centre Limited with guarantee
  • Totalling approximately 12,935 sq ft and 0.22 hectares (0.54 acres)
  • Includes a separate site currently used for car parking
  • Future redevelopment potential subject to lease and the usual consents
  • Excellent communication links via the A48 leading to the M4
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    21
  • Auction
    16th February 2017
  • Rent
    £59,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £710,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Joint LPA Receivers
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Industrial Investment

  • Let to Nationwide Crash Repair Centre Limited with guarantee
  • Totalling approximately 12,935 sq ft and 0.22 hectares (0.54 acres)
  • Includes a separate site currently used for car parking
  • Future redevelopment potential subject to lease and the usual consents
  • Excellent communication links via the A48 leading to the M4
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 21
  • Auction 16th February 2017
  • Rent
  • Status Sold
  • Price £710,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Joint LPA Receivers

Property Information

Location
Miles
2 miles west of Cardiff City Centre, 15 miles south-west of Newport
45 miles west of Bristol
Roads
A48, A4232, A470, M4 (Junction 32 & 33)
Rail
Waun-gron Park Railway Station, Cardiff Central Railway Station
Air
Cardiff Airport
Situation

The property is situated in an established industrial and trade counter location, 2 miles west of Cardiff City Centre in a prominent corner position at the junction of Wroughton Place and the A48, a busy arterial route around the City Centre leading to the M4. The property is located close to the Tirion Homes 53 acre residential development known as The Mill, located on the esat side of the A48 and will provide 800 new homes www.tirionhomes.co.uk).

Tenure

Freehold.

Location
Miles
2 miles west of Cardiff City Centre, 15 miles south-west of Newport
45 miles west of Bristol
Roads
A48, A4232, A470, M4 (Junction 32 & 33)
Rail
Waun-gron Park Railway Station, Cardiff Central Railway Station
Air
Cardiff Airport
Situation

The property is situated in an established industrial and trade counter location, 2 miles west of Cardiff City Centre in a prominent corner position at the junction of Wroughton Place and the A48, a busy arterial route around the City Centre leading to the M4. The property is located close to the Tirion Homes 53 acre residential development known as The Mill, located on the esat side of the A48 and will provide 800 new homes www.tirionhomes.co.uk).

Tenure

Freehold.

Description

The property comprises a number of industrial warehouses used as workshops with additional ancillary accommodation totalling approximately 12,935 sq ft. The property benefits from roller shutter doors, two adjacent yards used for car parking and an approximate total site area of 0.22 hectares (0.54 acres).

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint Law of Property Act 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 Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a number of industrial warehouses used as workshops with additional ancillary accommodation totalling approximately 12,935 sq ft. The property benefits from roller shutter doors, two adjacent yards used for car parking and an approximate total site area of 0.22 hectares (0.54 acres).

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint Law of Property Act 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 Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

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 Workshop/Ancillary
Land (3)
1,201.67 sq m
(12,935 sq ft)
NATIONWIDE CRASH
REPAIR CENTRE LIMITED
GUARANTEED BY
NATIONWIDE ACCIDENT
REPAIR SERVICES
LIMITED (1)
25 years from
26/08/1994 on
a full repairing
lease (2)
£59,000 25/08/2019
Total  
1,201.67 sq m
(12,935 sq ft)
    £59,000  

(1) Established in 1993 Nationwide Repairs is the leading and largest comprehensive automotive repairer in the UK with 125 state-of-the-art equipped Repair Centres, a UK wide Mobile Repair network, a UK wide mobile glass repair and replacement network, three Fast Fit Plus centres and an accident management and claims handling service, Nationwide boasts the broadest range of repair solutions and services in the industry today. (Source: www.nationwiderepairs.co.uk)
(2) The lease is subject to a schedule of condition.
(3) Please note a small piece of land fronting Wroughton Place and Station Terrace is let on a co-terminus lease.

Property Documents

  • Catalogue Page
    Updated Date
    29.10.19
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    29.10.19
    File Size
    1 MB
    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
Blake Morgan One Central Square
Cardiff
CF10 1FS
Gareth Howlett 02920 686 000Gareth.Howlett@blakemorgan.co.uk

Useful Links

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

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