Avondale Business Park
Cwmbran
Monmouthshire
NP44 1XE

Substantial Freehold Industrial Estate Investment

  • Comprises 8 industrial units with further 2 separately let yard areas
  • Site Area - approximately 1.60 ha (3.95 acres)
  • Total area approximately 5,531.40 sq m (59,540 sq ft) including yards
  • Asset Management potential including letting of Units B3, C and D
  • Established Industrial Location close to J25A and 26 of M4 motorway
  • Lot
    30
  • Auction
    23/Sep/2020
  • Rent
    £129,650 per Annum Exclusive
  • Status
    Sold
  • Price*
    £1,215,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Live Streamed Auction
Important Auction & Property Update
  • Avondale Business Park<br>Cwmbran<br>Monmouthshire<br>NP44 1XE
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* More information on the term "price" can be found here

Property Information

Location
Miles
7 miles north of Newport
19 miles north-east of Cardiff
Roads
A4042, M4
Rail
Cwmbran
Air
Cardiff Airport
Situation

Cwmbran is a well-established business location approximately 7 miles north of Newport and 19 miles north-east of Cardiff. Avondale Business Park is a well established business park situated to the north of Cwmbran town centre in a popular industrial area. The area benefits from good access to Junction 25A and Junction 26 of the M4 motorway, being less than six miles to the south. Nearby occupiers include Ford, Travis Perkins and ATS Euromaster.

Tenure

Freehold.

Description

The property comprises eight industrial units of varying sizes, as well as four open yards, two of which are separately let.

VAT

VAT is applicable to this lot.

Completion Period

Four week completion

EPC

Available from the legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

UnitUseGross Internal
Floor Areas
(Approx)
TenantTermRent p.a.x
Unit B1aIndustrial
1,164.53 sq m
(12,535 sq ft)
SOLAR MEDICAL
&CHEMICAL
LIMITED (1)
4 years from
05/04/2017
£35,000
Unit B1b
&Unit B4
Industrial
1,444.63 sq m
(15,550 sq ft)
CONSTRUCTION
FORMS INC
and CONFORM
S EUROPE
t/a ConForms (2) (4)
6 years from
17/02/2015
£42,650
Unit B2
& YardC4
Industrial/
Yard
508.64 sq m
(5,475 sq ft)
CONSTRUCTION
FORMS INC
and CONFORM
S EUROPE
t/a ConForms (2) (4)
6 years from
17/02/2015
£28,000
Unit B3
Unit C
Yard C6
Unit D
Industrial
Industrial
Yard
Industrial
238.29 sq m
69.68 sq m
202.53 sq m
116.13 sq m
(2,565 sq ft)
(750 sq ft)
(2,180 sq ft)
(1,250 sq ft)
VACANT
Unit EVeterinary/
Office
168.15 sq m
(1,810 sq ft)
SUMMERHILL
VETERINARY
CENTRE
LIMITED (3) (4)
10 years from
25/05/2012
£11,000
Yard C2Yard
809.18 sq m
(8,715 sq ft)
SD
MAINTENANCE
SERVICES
LIMITED
3 years from
08/10/2018
£5,500 (5)
Yard C3Yard
809.64 sq m
(8,710 sq ft)
INDIVIDUAL2 years from
01/02/2019
£7,500
Total
 
5,531.40 sq m
(59,540 sq ft)
  £129.650

(1) Solar Medical & Chemical are suppliers of medical disposables, janitorial supplies and equipment to businesses and the general public. They supply over 4000 different products to nursing homes, domicillary care, local government, hotels, veterinary practices, industry and many more. Solar also produce and manufacture a range of household cleaning products for the public and businesses throughout the UK (www.solarmedchem.co.uk).
(2) Con Forms are suppliers of concrete pumping systems throughout the US, UK and around the world. For over 50 years, Construction Forms, Inc. has been a leader in the development and manufacturing of concrete pumping systems and accessories (www.conforms.com).
(3) The Summerhill Group of veterinary practices was founded in the 1960's and now operates from 10 practices and provides dedicated pet care across the entire South Wales region (www.summerhillvets.com). The tenant has an option to take a lease on the land to the front of Unit E.
(4) The tenant benefits from a service charge cap. Please see legal pack for further information.
(5) There is a fixed rental uplift to 6,000 on 08/10/2020.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    23.09.20
    File Size
    58 MB
    Login to View
  • Catalogue Page
    Updated Date
    02.09.20
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    02.09.20
    File Size
    729 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    15.09.20
    File Size
    57 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Horsey Lightly Solicitors 2 West Mills
Newbury
Berkshire
RG14 5HG
Leslie Lawrenson 01635 580 858 llawrenson@horseylightly.com

Useful Links

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