Description

FREEHOLD COMMERCIAL INVESTMENT OPPORTUNITY – A block of ten light industrial nursery units each of 600 square feet (55.7 square metres), some with additional mezzanines, eight of which are currently let to long term tenants producing 25,800 GBP per annum and two with vacant possession.

This freehold investment opportunity comprises the purchase of a total of ten light industrial nursery units constructed in five blocks. Each unit has a ground floor area of approximately 600 square feet (55.7 square metres) each having 11′ (3.35m) x 10′ (3.05m) roller shutter doors with separate pedestrian access, WC’s partitioned off, whilst some have mezzanine areas. Eight of the units are let to long term tenants producing £25,800 per annum. The remaining two are with vacant possession having been occupied by the vendors.

Location

The properties comprise part of the Five Crosses Industrial Estate which is situated on the A525 Wrexham (4 miles) to Ruthin (10 miles) road on the fringe of the villages of Coedpoeth and Minera. The nearest access point onto the A483 is less than three miles away from where there is dual carriageway access to Chester (15 miles) and the motorway network. Other users include Village Bakery, FWB, Huws Gray and a number of others.

General

The accommodation of each Unit as summarised on the gov.uk website may be summarised as follows:-

Unit 22

Ground Floor Workshop: 55.7 square metres.
Ground Floor Office: 6.6 square metres.

Total: 62.3 square metres.

Rateable Value £3,350.

Unit 23

Ground Floor Workshop: 55.7 square metres.

Rateable Value £2,600.

Unit 24

Ground Floor Workshop: 55.7 square metres.

Rateable Value £2,600.

Unit 25

Ground Floor Workshop: 40.87 square metres.
Ground Floor Staff Toilets: 4.07 square metres.
Ground Floor Area Under Supported Floor: 11.19 square metres.
Mezzanine Floor Internal Storage: 11.31 square metres.

Total: 67.44 square metres.

Rateable Value £2,700.

Unit 26

Ground Floor Warehouse: 55.7 square metres.

Rateable Value £2,600.

Unit 27

Ground Floor Workshop: 56.02 square metres.

Rateable Value £2,600.

Units 28/29

Ground Floor Area Under Supported Floor: 77.18 square metres.
Ground Floor Workshop: 37.27 square metres.
Mezzanine Floor Internal Storage: 59.09 square metres

Total: 173.54 square metres.

Rateable Value £4,900.

Unit 30

Ground Floor Workshop: 34.53 square metres.
Ground Floor Office: 17.22 square metres.
Ground Floor Area Under Supported Floor: 3.93 square metres.
Mezzanine Floor Internal Storage: 12.13 square metres.

Total: 67.81 square metres.

Rateable Value £2,900.

Unit 31

Ground Floor Workshop: 3.72 square metres.
Ground Floor Area Under Supported Floor: 47.92 square metres.
Ground Floor Staff Toilets: 4.05 square metres.
Mezzanine Floor Internal Storage: 31 square metres.
Mezzanine Floor Works Office: 11.23 square metres.

Total: 97.92 square metres.

Rateable Value £2,650.

Outside

Open Storage Area to the rear of some of the buildings. Compound Area to the side of Unit 31. Open Parking in front and directly opposite the Units.

Services

Mains water, drainage and three-phase electricity are connected subject to statutory regulations.

Tenure

Freehold. Vacant Possession of Units 28/29, the remainder being subject to tenancies, a schedule of which is available upon request to bona fide applicants.

Viewing

Strictly by prior appointment with the Agents Wrexham Office.

Directions

For satellite navigation use the post code LL11 3RD. Leave Wrexham on the A525 Ruthin Road. After about three miles continue through the village of Coedpoeth eventually turning first right into the estate by FWB. Continue straight ahead at the cross roads and the units will be seen on the right.