5 yearly uncapped upward only RPI linked rent reviews
Approximately 0.275ha (0.68 acre)
Rare Opportunity to purchase Council let Civic Amenity Site
Lot 21
Auction 24th September 2021
Rent £35,136 per Annum Exclusive
Status Sold
Price £495,000
Sector Industrial/Warehouse
Auction Venue Live Streamed Auction
Property Information
Location
Miles
0.5 miles north-east of Bargoed
8 miles north of Caerphilly
20 miles north of Cardiff
Roads
A4049, A469
Rail
Bargoed Train Station,
Gilfach Fargoed Train Station
Air
Cardiff Airport, Bristol Airport
Situation
The site is located at the the rear of St Margaret's Park adjoining the well established Bowen Industrial Estate. The site is accessed via Pengham Road (A4049), the principal thoroughfare through Aberbargoed.
Tenure
Freehold.
Location
Miles
0.5 miles north-east of Bargoed
8 miles north of Caerphilly
20 miles north of Cardiff
Roads
A4049, A469
Rail
Bargoed Train Station,
Gilfach Fargoed Train Station
Air
Cardiff Airport, Bristol Airport
Situation
The site is located at the the rear of St Margaret's Park adjoining the well established Bowen Industrial Estate. The site is accessed via Pengham Road (A4049), the principal thoroughfare through Aberbargoed.
Tenure
Freehold.
Description
The property comprises a site of approximately 0.275ha (0.68 acre) currently used as a borough council household waste recycling centre.
VAT
VAT is applicable to this lot.
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 site of approximately 0.275ha (0.68 acre) currently used as a borough council household waste recycling centre.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Use
Site Area
Tenant
Term
Rent p.a.x
Reviews
Recycling Centre
0.275 ha (0.68 acre)
CAERPHILLY COUNTY BOROUGH COUNCIL
25 years from 20/07/2005 on a full repairing and insuring lease
£35,136.22
5 yearly uncapped upward only RPI linked rent reviews
Total
£35,136.22
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
