Substantial factory unit totalling approximately 9,505.1 sq f (102,312 sq ft)
Established estate providing industrial, manufacturing, warehousing, motor trade and trade park facilities
Occupiers on the estate include the BBC, DSG Retail, Screwfix, The BSS Group, Barclays Bank, Lloyds TSB
Approximate site area of 1.410 hectares (3.486 acres)
Six Week Completion Available
Lot 20
Auction 7th April 2011
Rent
Status Sold Post
Price
Sector Office
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
8 miles north-west of Cardiff, 4 miles east of Caerphilly
Roads
A4054, A470, M4 (Junction 32)
Rail
Treforest Estate Railway Station, Cardiff Central Mainline Railway Station
Air
Cardiff International Airport
Situation
The property is prominently situated on the west side of Main Avenue (A4054) which runs through the centre of the estate providing access to the A470 dual carriageway and Junction 32 of the M4 less than 3 miles to the south. The Treforest Industrial Estate borders Parc Nantgarw, Taff Business Centre, Charnwood Park and Cefn Coed Business Park.
These estates collectively form one of the largest industrial and business areas in South Wales with occupiers including Companies House, University of Glamorgan, Peacocks main distribution facility, Cineworld & Bowl Plex Leisure Scheme, McDonald's, Tesco, Focus DIY and DHL.
Tenure
Freehold.
Location
Miles
8 miles north-west of Cardiff, 4 miles east of Caerphilly
Roads
A4054, A470, M4 (Junction 32)
Rail
Treforest Estate Railway Station, Cardiff Central Mainline Railway Station
Air
Cardiff International Airport
Situation
The property is prominently situated on the west side of Main Avenue (A4054) which runs through the centre of the estate providing access to the A470 dual carriageway and Junction 32 of the M4 less than 3 miles to the south. The Treforest Industrial Estate borders Parc Nantgarw, Taff Business Centre, Charnwood Park and Cefn Coed Business Park.
These estates collectively form one of the largest industrial and business areas in South Wales with occupiers including Companies House, University of Glamorgan, Peacocks main distribution facility, Cineworld & Bowl Plex Leisure Scheme, McDonald's, Tesco, Focus DIY and DHL.
Tenure
Freehold.
Description
The property comprises a stand-alone Grade II Listed factory unit with office accommodation on part ground and first floor towards the front of the property.
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 stand-alone Grade II Listed factory unit with office accommodation on part ground and first floor towards the front of the property.
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
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground & First
Factory/Office
9,505.1 sq m
(102,312 sq ft)
TREFOREST TEXTILES LIMITED (1)
20 years from 14/08/1993 (2)
£203,225
(13/08/2013)
Totals
9,505.1 sq (3)
(102,312 sq ft) (3)
£203,225
(1) For the year ending 31st December 2009, Treforest Textiles Limited reported a net worth of £499,000. (Source: www.riskdisk.com 10/03/2011) (2) The property is effectively let until 2013 by way of a lease in favour of the tenant for a term of 15 years from 14th August 1993 and a reversionary lease in favour of the tenant for a further term of 5 years from 14th August 2008 until 13th August 2013. (3) Please note that these areas were calculated on a gross external basis.