Описание
- Freehold.
- Located in Caerphilly Business Park, a highly sought after and fundamentally strong location just 3 miles from the M4 motorway and 3.5 miles from north Cardiff.
- The property comprises two high quality Grade A office units totalling 41,642 sq ft of approximately 20,000 sq ft each with flexible accommodation suitable for subdivision and multi-occupancy.
- The situation provides immediate access to Junction 32 of the M4 and the A470; the main spine road running from north to south Wales. The Junction 32 / A470 intersection is regarded as the most important section of road infrastructure in Wales.
- Current rent of £468,000 per annum. This equates to a low rent of £11.24 per sq ft and is extremely competitive compared to competing Cardiff M4 office parks and provides a strong base for future rental growth, with a fixed rental uplift on part.
- Let to good covenants with a WAULT of 7.37 years to expiries (no break options) with both tenants having either recently renewed their lease or removed a break option demonstrating their commitment to the location.
- Link Financial and Creditsafe provide FAME Credit Ratings of 97% and 99% respectively, both are at the maximum end of the 'Secure' ratings scale.
- The capital value at £117 per sq ft is significantly below replacement cost and underpinned by vacant possession values.
- Located in Caerphilly Business Park, a highly sought after and fundamentally strong location just 3 miles from the M4 motorway and 3.5 miles from north Cardiff.
- The property comprises two high quality Grade A office units totalling 41,642 sq ft of approximately 20,000 sq ft each with flexible accommodation suitable for subdivision and multi-occupancy.
- The situation provides immediate access to Junction 32 of the M4 and the A470; the main spine road running from north to south Wales. The Junction 32 / A470 intersection is regarded as the most important section of road infrastructure in Wales.
- Current rent of £468,000 per annum. This equates to a low rent of £11.24 per sq ft and is extremely competitive compared to competing Cardiff M4 office parks and provides a strong base for future rental growth, with a fixed rental uplift on part.
- Let to good covenants with a WAULT of 7.37 years to expiries (no break options) with both tenants having either recently renewed their lease or removed a break option demonstrating their commitment to the location.
- Link Financial and Creditsafe provide FAME Credit Ratings of 97% and 99% respectively, both are at the maximum end of the 'Secure' ratings scale.
- The capital value at £117 per sq ft is significantly below replacement cost and underpinned by vacant possession values.
Характеристики
| Страна | Великобритания |
| Общая площадь,м² | 3798.5 |
| Цена, руб | 4844000 |
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