Offers in region of
£370,000
(£55.51/sq. ft)
Office for saleCounty House, Plasmarl Industrial Estate, Swansea SA6
6,665 sq. ft
About this property
Part income-producing Investment / Asset Management Opportunity
Ground floor part vacant - potential for own occupation / to enhance rental return
Low Capital Value (£55 per sq ft)
Detached 2 storey building with 20 car parking spaces
Accommodation suitable for a range of uses (subject to planning)
Current income £35,255 per annum Excl.
County House is a prominent 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 light industrial space.
The property presents an opportunity to acquire a 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.
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.
Viewings
Please contact Jenkins Best in the first instance
Terms
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 £30,000 per annum.
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
Mortgage calculator
£1,850 per month
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