Job Centre Plus Oldway House, Ramah Street Treorchy CF42 6TL

  • Job Centre Plus<br>Oldway House, Ramah Street<br>Treorchy<br>CF42 6TL

Job Centre Plus
Oldway House, Ramah Street
Treorchy
CF42 6TL

Freehold Office Investment

  • Let to the Secretary of State for Housing, Communities & Local Government
  • (t/a Job Centre Plus)
  • Let for a term of 10 years from 1st April 2018 (subject to option)
  • CPI linked Rent Review in April 2023
  • Possible change of use potential (subject to lease and consents)
  • Predominantly residential location
  • Lot
    43
  • Auction
    23rd May 2019
  • Rent
    £5,936 per Annum Exclusive
  • Status
    Sold
  • Price
    £85,000
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN

  • On Behalf of Telereal Trillium

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Freehold Office Investment

  • Let to the Secretary of State for Housing, Communities & Local Government
  • (t/a Job Centre Plus)
  • Let for a term of 10 years from 1st April 2018 (subject to option)
  • CPI linked Rent Review in April 2023
  • Possible change of use potential (subject to lease and consents)
  • Predominantly residential location
  • Lot 43
  • Auction 23rd May 2019
  • Rent £5,936 per Annum Exclusive
  • Status Sold
  • Price £85,000
  • Sector
    Office
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN

  • On Behalf of Telereal Trillium

Property Information

Location
Miles
8 miles north-west of Pontypridd
10 miles north of Bridgend
22 miles north-west of Cardiff
Roads
Bute Street (A4061), A470, M4 (J36)
Rail
Ynyswen Train Station
Air
Bristol Airport
Situation

Treorchy is a Rhondda Valley town 22 miles north-west of Cardiff. The property is situated on the northern side of Ramah Street, off the A4061 (Bute Street) that runs through Treorchy. The property is in a predominantly residential location with a number of local amenities nearby.

Tenure

Freehold.

Location
Miles
8 miles north-west of Pontypridd
10 miles north of Bridgend
22 miles north-west of Cardiff
Roads
Bute Street (A4061), A470, M4 (J36)
Rail
Ynyswen Train Station
Air
Bristol Airport
Situation

Treorchy is a Rhondda Valley town 22 miles north-west of Cardiff. The property is situated on the northern side of Ramah Street, off the A4061 (Bute Street) that runs through Treorchy. The property is in a predominantly residential location with a number of local amenities nearby.

Tenure

Freehold.

Description

The property comprises an office building arranged on the ground floor only. The property forms part of a larger building occupied by the same tenant.

VAT

VAT is applicable to this lot.

Completion Period

Energy Performance Certificate

EPC

Available from the legal pack at acuitus.co.uk

Description

The property comprises an office building arranged on the ground floor only. The property forms part of a larger building occupied by the same tenant.

VAT

VAT is applicable to this lot.

Completion Period

Energy Performance Certificate

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground Job Centre/
Ancillary
107.58 sq m
(1,158 sq ft)
 SECRETARY
OF STATE FOR
HOUSING,
COMMUNITIES
& LOCAL
GOVERNMENT		 10 years from
01/04/2018 (1)
until 31/03/2028
on a full
repairing and
insuring lease		 £5,936 01/04/2023 (2)
Total
107.58 sq m
(1,158 sq ft)
     £5,936  

(1) The lease provides for a tenant option to determine on 31st March 2023.
(2) CPI linked upwards only rent review.

Contacts

Seller's Solicitors
Reed Smith LLP Broadgate Tower, 20 Primrose Street
London
EC2A 2RS
Katie Wayne 020 3116 3879kwayne@reedsmith.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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