Guide Price

£245,000.00

Property Type

Industrial

Size

340 sqm / 3659 sqft

Tenure

For Sale

Description

The subject property is located on Turner Street just off Caerleon Road one of the main arterial link roads from Newport City Centre to its eastern suburbs and Junction 25 of the M4 motorway.

The property is accessed by double gates from Turner Street onto a fronting loading / parking area. The building is located on an ‘L’ shaped site and surrounded by houses. The property is of brick construction with the elevations partially wood clad and with a mixture of interlocking tiled and steel profile mono pitched roof.

To the northern side is a small extension with steel profile sheet mono pitched roof and of block construction and roller shutter access door.

The ground floor provides warehousing and dispatch areas along with a stores, and WC. An internal staircase gives access to the first-floor offices and storage along with kitchen and further WC facilities.

The property benefits from gas central heating and double glazing throughout along with CCTV cameras and intruder alarm.

The property has strip lighting throughout with diffused strip lighting to the first-floor office areas. The first floor has a well-appointed kitchen with base and wall units.

The premises are offered on a long leasehold basis with a term of circa 945 years unexpired. We are informed that the property has an absent landlord situation with no ground rent demands being made during or prior to our client’s ownership of the property.

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