Part income producing investment opportunity, within an established commercial location offering easy access to Swansea and the M4.

 

Summary

  • Versatile accommodation suitable for a range of uses (subject to planning)
  • Part income-producing with opportunity to enhance rental return
  • Low Capital Value (£5.6 per sq ft)
  • On-site car parking
  • Asset Management Opportunity

Accommodation

Floor/UnitDescriptionBuilding TypeSizeRentAvailability
Ground Ground Floor Office 2,407 sq ft - Available
Ground Comex IT Ltd Office 729 sq ft £6,252 /annum Let
1st AD Carbon Solution Ltd Office 3,357 sq ft £30,000 /annum Let
County House - CAM03725G0PR0061STILL015.jpg

Location

The property is situated on Beaufort Road, within the well-established Plasmarl Industrial Estate, approximately 2 miles north of Swansea city centre and less than 1 mile from Junction 45 of the M4 motorway.

The area benefits from strong transport connectivity and proximity to a range of commercial occupiers, such as Days Motor Park, BlueBay Medical Systems, DGS Group PLC and Howdens Joinery ensuring continued occupational demand.

Get directions from Google Maps

Further Information

Price £370,000

Rates Payable Upon Enquiry

EPC Rating This property has been graded as E (113)


Description

We are pleased to offer for sale, County House. A prominent office and light industrial property located within the established Plasmarl Industrial Estate, Swansea. The building comprises a modern two-storey detached property providing a combination of office accommodation and light industrial space.

The property presents a rare opportunity to acquire a part income-producing long leasehold investment with vacant possession of part, offering both immediate income and asset management potential.

the first floor has recently been refurbished and let in its entirety. The ground floor presents an opportunity for asset management.

Specifications

- Mixture of open-plan and cellular offices
- Electric heating
- Suspended ceilings and glazed partitioning
- Passenger lift (not tested)
- Staff kitchen, shower & W.C facilities
- 20 dedicated on-site parking spaces

Tenure

The Long Leasehold Tenure is for sale, with approx 83 years at a ground rent of £6,000 per annum.

The property is currently let to AD Carbon Solutions Ltd and Comex I.T Ltd producing a headline rent of £36,252 per annum.

There is potential to increase the annual rent upwards to circa. £52,000 per annum.

Copies of leases and further information available upon request.