Located in Tredegar the property benefits from excellent access to the A465 Heads of the Valleys Road. The A465 has undergone major dualling works over recent years, with the final stage is due for completion in 2022. Once complete this will provide an uninterrupted duel carriageway across the South Wales Valleys from Neath to Hereford. Junction 32 of the M4 is located 25 miles south, accessible via A465 and A470. The M50 is accessible 40 miles to the east, which in turn provides access to the M5, the Midlands and the North of England. Merthyr Tydfil is located 8 miles west and Cardiff 30 miles to south.
The property is situated in Tredegar Business Park, part of the Ebbw Vale Enterprise Zone. Designated as a Tier 1 area, Tredegar Business Park has the potential to benefit from The Wales Enterprise Zone Business Rates Scheme and financial support from Welsh, UK and EU funding sources. Tredegar Business Park is within walking distance of Tredgear Town Centre. The nearest Train station is Rhymney which lies 3 miles west of Tredegar with a direct service to Cardiff Central.
Local business occupiers include Camtronics Vale Limited and the VITCC Centre occupied by Blaenau Gwent Borough Council Homecare. Surrounding industrial/trading estates include, Bridge Street, Tafarnaubach, Rassau, Waun-Y Pound and Crown Business Park. The area provides a readily available workforce with financial incentives available from Blaenau Gwent Council. Further information is available by contacting Blaenau Gwent Council Economic Development Unit on 01495 355700 or email email@example.com.
Tenure & Terms
Innova One is available to either purchase freehold or alternatively the building is available to let as a whole or in part by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.
£1400000 (Excl.) to purchase
Ratable Value £97,500 (2017 list). Rates payable £52,162 (Multiplier 53.5 pence 2020/21)
Assessed as a whole - Please contact Blaenau Gwent Council for additional information.
Estate service charge / building insurance
Building Insurance payable - Premium determined by use, please contact for additional information.
Each party to bear their own legal and professional costs.
For further information please contact the Joint Agents Henry Best at Jenkins Best on 02920 34 00 33 / Neil Francis at Knight Frank 02920 492 492