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.
