£300,000

Industrial for sale

  1. Property photo 1 of 4.
  2. Property photo 2 of 4.
  3. Property photo 3 of 4.
Just added

Fixed price

£300,000

(£238.47/sq. ft)

Industrial for sale

Units 1 & 2, 12 Viking Way, Winch Wen Industrial Estate, Swansea SA1

From 1,258 - 1,597 sq. ft

Local area information

Property location

Nearby amenities

  • Trallwn Primary School 0.4 miles
  • Cwmglas Primary School 0.6 miles
  • Llansamlet 0.9 miles
  • Skewen 2.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

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.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Swansea
  4. Swansea City Centre
  5. Winch Wen
  6. Winch Wen Industrial Estate
  7. Viking Way