Unit 4, Severnbridge Industrial Estate, Caldicot, NP26 5PW
Under Offer
Size: 68,425 sq ft  (6356.89 sq m) Price: £150,000.00 per annum (exclusive). To Let Type: Industrial
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Key features

  • Established Distribution & Industrial Location
  • Close proximity to M4 Motorway - South East Wales corridor, Severn Bridge and M4/M5 Interchange
  • Detached Highbay Unit with Gantry Cranes
  • Minimum eaves height 8.2 metres
  • Self-contained Site at Estate entrance
  • Excellent circulation and car parking provision
  • Integral 2 storey office and welfare accommodation
  • Available by way of a New Lease
  • 68,425 sq ft (6356.89 sq m)
  • Rent £150,000 per annum (excl.)

 

Description

Well located Detached Industrial / Distribution unit measuring 68,425 sq ft (6356.89 sq m).  Occupies a self-contained site at the Estate entrance. Close proximity to the M4 Motorway and M4/M5 interchange.

Location

Caldicot is located in Monmouthshire approximately 5 miles from Chepstow and 13 miles from Newport.  The property is located on Symondscliffe Way with nearby occupiers including Hicks Logistics, Evoqua, Keltruch and Pro-Steel Engineering. Severnbridge Industrial Estate is in close proximity to both the M4 Motorway and the M4/M5 Interchange.

Accommodation

Detached former Steel (Corus) Handling Facility - comprising 2 No. Bays

4 No. Gantry Cranes (26 & 15 Tonnes)

Minimum eaves height of 8.2 metres.

Integral 2 storey offices and welfare block

Excellent car parking and circulation around entire building.

Externally the property benefits from significant loading, storage and car parking areas.

Gross Internal Area  68,425 sq ft (6,356.89 sq m)

Tenure and Terms

Unit 4 is available by way of a new full repairing and insuring Lease for a term to be agreed.

Rent

£150,000 per annum (Exclusive) VAT payable in addition.

Rateable Value

Rateable Value £162,000 (2010 rating list). Multiplier £0.486 (2016/17).

Rates payable £78,732 per annum 

Proposed Rateable Value from April 2017 £160,000

Estate Service Charge

Each unit on the Estate contributes to the overall Estate Management including maintenance of the Common Areas.  The current annual budget contribution for unit 4 is £8,226.66. (exclusive)

Legal Costs

Both parties to be responsible for their own legal costs.

Further Information

For further information or to arrange a viewing please contact the joint agents Jenkins Best (02920 34 00 33) or M4 Property Consultants (01633 740 740)