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)
  • Income-producing with opportunity to enhance rental return
  • Low Capital Value (£55 per sq ft)
  • On-site car park
  • Asset Management Opportunity
  • No VAT Election

Accommodation

The property provides the following space, measured on a Net Internal Area basis:

Floor/UnitDescriptionsq ftsq mTotal yearAvailability
Ground Ground Floor Offices 933 86.68 - Available
Ground Archive Storage 1,223 113.62 - Available
Ground Comex IT Ltd 729 67.73 £6,255 Let
Ground Ad Carbon - Archive 244 22.67 £1,500 Let
1st AD Carbon Solution Ltd 3,536 328.51 £27,500 Let
Total6,665619.21£35,255
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, Travis Perkins, and Howdens Joinery.

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Further Information

Price £370,000

Rates Payable Upon Enquiry

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


Description

County House is a prominent, well presented office and archive storage 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 flexible, secure storage.

The property presents an opportunity to acquire an 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 to let the vacant areas.

Specifications

- Mixture of open-plan and cellular offices
- Electric heating, suspended ceilings and glazed partitioning
- Passenger lift (not operational)
- Staff kitchens to the ground and first floor
- Shower & W.C facilities
- 20 dedicated on-site parking spaces
- CCTV & Dedicated Fibre to the Building

Tenure

The Long Leasehold Tenure is for sale, with approx 83 years at a ground rent of £6,000 per annum. The Client is currently in negotiations with the Local authority to secure a new 125 year Leasehold interest. Copies of the occupational Tenancies to Comex IT Ltd & AD Carbon Ltd are available upon request. Note: A&D Carbon lease is based on a stepped rent basis reaching £30k pa.