Civic Amenity Site
St. Margarets Park, Pengam Road
Aberbargoed
Caerphilly
CF81 9FW

Freehold Civic Amenity Site

  • Let to Caerphilly County Borough Council
  • Let until 2030 (no breaks)
  • 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
    24/Sep/2021
  • Rent
    £35,136 per Annum Exclusive
  • Status
    Sold
  • Price*
    £495,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Live Streamed Auction
  • Civic Amenity Site, St. Margarets Park, Pengam Road, Aberbargoed, Caerphilly, CF81 9FW
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

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.

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

UseSite AreaTenantTermRent p.a.xReviews
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
£35,136.225 yearly uncapped
upward only RPI linked
rent reviews
Total
  £35,136.22 

If you are the successful bidder, Acuitus requires a separate payment of £1,000 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

  • Catalogue Page
    Updated Date
    03.09.21
    File Size
    564 KB
    View PDF
  • Site Plan
    Updated Date
    03.09.21
    File Size
    612 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854 +44 (0)7824 705 955billy.struth@acuitus.co.uk
Seller's Solicitors
Ashfords LLP 1 New Fetter Lane
London
EC4A 1AN
Ross Carter 020 7544 2476r.carter@ashfords.co.uk

Useful Links

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