Fixed price
£300,000
(£238.47/sq. ft)
Industrial for saleUnits 1 & 2, 12 Viking Way, Winch Wen Industrial Estate, Swansea SA1
From 1,258 - 1,597 sq. ft
About this property
Location
The property forms part of a terrace of industrial/workshop units known as 12 Viking Way. Viking Way is the main road circulating the Winch Wen Industrial
Estate. The estate is located to the north-east of Swansea Enterprise Park, close to J44 & 45 of the M4 motorway. Prominent occupiers in the immediate vicinity
include Bulk Vending Systems, rgm Vehicle Body Repair, fei Foods, Euro Commercials and ebm.
Description
The property comprises two units forming part of a terrace of four units. The buildings are of frame construction over clad with metal sheeting. Each unit comprises open plan workshop/storage accommodation with ancillary WC facilities. The buildings each have minimum 4.00m eaves height. Vehicular access to the site is provided directly from Viking Way, over the estate road leading to the forecourt of each unit. Each unit has a roller shutter door to the front and pedestrian door/fire escape to the rear.
Accommodation
Unit 1 148.33 sq m 1,597 sq ft
Unit 2 116.92 sq m 1,258 sq ft
Total: 265.25 sq m 2,855 sq ft
Rateable value
tbc
part investment/part vacant possession
Unit 1 is let to Ace Tyres on a ten year lease from 6 June 2014 (holding over) at a rent of £10,000pax. The lease is held within the 1954 Act; no notices have been served. There is an opportunity to renew the lease and revise the rental; other asset management opportunities area available to the prospective purchaser to suit their requirements. Unit 2 will be sold with vacant possession.
EPC
To be Provided.
VAT
All prices are quoted exclusive of VAT. Our client reserves the right to charge VAT on all payments.
Legal costs
Each party to pay their own legal costs on this transaction.
Long leasehold
The properties will be sold together on a long ground lease as follows:
• Term to expire 2139 (114 years unexpired)
• Ground Rent £1,900pa (Unit 1: £1,070pa; Unit 2: £830pa, subject to upward only rent review every five years
• Service Charge for the estate tbc
Asking price
Offers in the region of £300,000 for the long leasehold interest in the combined units.
The property forms part of a terrace of industrial/workshop units known as 12 Viking Way. Viking Way is the main road circulating the Winch Wen Industrial
Estate. The estate is located to the north-east of Swansea Enterprise Park, close to J44 & 45 of the M4 motorway. Prominent occupiers in the immediate vicinity
include Bulk Vending Systems, rgm Vehicle Body Repair, fei Foods, Euro Commercials and ebm.
Description
The property comprises two units forming part of a terrace of four units. The buildings are of frame construction over clad with metal sheeting. Each unit comprises open plan workshop/storage accommodation with ancillary WC facilities. The buildings each have minimum 4.00m eaves height. Vehicular access to the site is provided directly from Viking Way, over the estate road leading to the forecourt of each unit. Each unit has a roller shutter door to the front and pedestrian door/fire escape to the rear.
Accommodation
Unit 1 148.33 sq m 1,597 sq ft
Unit 2 116.92 sq m 1,258 sq ft
Total: 265.25 sq m 2,855 sq ft
Rateable value
tbc
part investment/part vacant possession
Unit 1 is let to Ace Tyres on a ten year lease from 6 June 2014 (holding over) at a rent of £10,000pax. The lease is held within the 1954 Act; no notices have been served. There is an opportunity to renew the lease and revise the rental; other asset management opportunities area available to the prospective purchaser to suit their requirements. Unit 2 will be sold with vacant possession.
EPC
To be Provided.
VAT
All prices are quoted exclusive of VAT. Our client reserves the right to charge VAT on all payments.
Legal costs
Each party to pay their own legal costs on this transaction.
Long leasehold
The properties will be sold together on a long ground lease as follows:
• Term to expire 2139 (114 years unexpired)
• Ground Rent £1,900pa (Unit 1: £1,070pa; Unit 2: £830pa, subject to upward only rent review every five years
• Service Charge for the estate tbc
Asking price
Offers in the region of £300,000 for the long leasehold interest in the combined units.
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