OFFICES FOR SALE PRELIMINARY DETAILS...

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OFFICES FOR SALE - PRELIMINARY DETAILS SWANSEA OFFICES FOR SALE Unit 7 Riverside Business Park Swansea Vale Swansea SA7 0AP 15,997 sq ft (1,486.15 sq m) NIA approx. Modern accommodation Capable of subdivision Excellent location close to M4 motorway

Transcript of OFFICES FOR SALE PRELIMINARY DETAILS...

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OFFICES FOR SALE - PRELIMINARY DETAILS

SWANSEA

OFFICES FOR SALE

Unit 7 Riverside Business Park Swansea Vale Swansea SA7 0AP 15,997 sq ft (1,486.15 sq m) NIA approx. Modern accommodation

Capable of subdivision

Excellent location close to M4 motorway

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Unit 7, Riverside Business Park, Swansea Vale, Swansea, SA7 0AP

Location

The Property is situated in Swansea Vale to the north of the Enterprise Park, four miles north of the city centre, on the eastern side of the A4067 and close to junctions 44 and 45 of the M4 Motorway.

Description

A detached three storey office building later extended to add another two storey building, both interconnected. The buildings are of framed brick block construction with rendered elevations, powder coated aluminium double glazed windows and hipped artificial slated roof. The buildings were formerly occupied by Dawnus Construction on a site of approx. 1.23 acres (0.5 hectares). The suites provide both open plan and partitioned accommodation with the following attributes:

Solid floors with perimeter trunking

Plastered and painted walls

Wall mounted radiators

Suspended ceilings incorporating Cat II lighting

Male and female WC’s on each floor

Kitchen facilities on each floor

8 person lift

60 car parking spaces incl. 2 disabled (ratio of

1:268)

Guide Price

£1,500,000 excl. VAT

Accommodation All measurements are approximate Net Internal Areas.

Tenure

Long leasehold expiring 2132 (113 years unexpired).

Title

CYM351499, CYM385267.

Services

We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.

Planning

We understand that the accommodation has planning consent for office use but all interested parties should make their own enquiries to the Planning Department of Swansea Council Tel No. 01792 636000 or www.swansea.gov.uk.

Energy Performance Certificate

The energy performance certificate rating is C (54). The

full certificate and recommendations can be provided on

request.

Business Rates

The Rateable Value, as at April 2017, is £162,000. Thus, rates payable are £83,268 per annum using a UBR multiplier of 0.514. Interested parties should make their own enquiries to Swansea Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.

Legal Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Area Sq ft Sq m

Ground Floor 6,626 615.56

First Floor 6,657 618.42

Second Floor 2,714 252.17

Total 15,997 1,486.15

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Unit 7, Riverside Business Park, Swansea Vale, Swansea, SA7 0AP

Asbestos Regulations

It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source.

VAT

Under the Finance Acts 1989 and 1997, VAT may be levied on the price. We recommend that the prospective purchaser establish the implications before entering into any agreement.

Important Notice

These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.

Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, Alder King LLP will require any purchaser to provide proof of identity along with any other required documents.

Subject to Contract

Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.

References

Financial and accountancy references may be sought from any prospective purchaser prior to agreement.

Viewing Arrangements

For further information or to arrange an inspection, please

contact the agents.

Alder King Property Consultants

18 Park Place

Cardiff

CF10 3DQ

www.alderking.com

Owen Young

029 2038 1996

[email protected]

Alexander Kaine

029 2039 1468

[email protected]

Ref: OY/90605

Date: June 2019