OFFICES FOR SALE - PRELIMINARY DETAILS
SWANSEA
OFFICES FOR SALE
Unit 7 Riverside Business Park Swansea Vale Swansea SA7 0AP 15,997 sq ft (1,486.15 sq m) NIA approx. Modern accommodation
Capable of subdivision
Excellent location close to M4 motorway
Unit 7, Riverside Business Park, Swansea Vale, Swansea, SA7 0AP
Location
The Property is situated in Swansea Vale to the north of the Enterprise Park, four miles north of the city centre, on the eastern side of the A4067 and close to junctions 44 and 45 of the M4 Motorway.
Description
A detached three storey office building later extended to add another two storey building, both interconnected. The buildings are of framed brick block construction with rendered elevations, powder coated aluminium double glazed windows and hipped artificial slated roof. The buildings were formerly occupied by Dawnus Construction on a site of approx. 1.23 acres (0.5 hectares). The suites provide both open plan and partitioned accommodation with the following attributes:
Solid floors with perimeter trunking
Plastered and painted walls
Wall mounted radiators
Suspended ceilings incorporating Cat II lighting
Male and female WC’s on each floor
Kitchen facilities on each floor
8 person lift
60 car parking spaces incl. 2 disabled (ratio of
1:268)
Guide Price
£1,500,000 excl. VAT
Accommodation All measurements are approximate Net Internal Areas.
Tenure
Long leasehold expiring 2132 (113 years unexpired).
Title
CYM351499, CYM385267.
Services
We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Planning
We understand that the accommodation has planning consent for office use but all interested parties should make their own enquiries to the Planning Department of Swansea Council Tel No. 01792 636000 or www.swansea.gov.uk.
Energy Performance Certificate
The energy performance certificate rating is C (54). The
full certificate and recommendations can be provided on
request.
Business Rates
The Rateable Value, as at April 2017, is £162,000. Thus, rates payable are £83,268 per annum using a UBR multiplier of 0.514. Interested parties should make their own enquiries to Swansea Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Area Sq ft Sq m
Ground Floor 6,626 615.56
First Floor 6,657 618.42
Second Floor 2,714 252.17
Total 15,997 1,486.15
Unit 7, Riverside Business Park, Swansea Vale, Swansea, SA7 0AP
Asbestos Regulations
It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source.
VAT
Under the Finance Acts 1989 and 1997, VAT may be levied on the price. We recommend that the prospective purchaser establish the implications before entering into any agreement.
Important Notice
These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Money Laundering Regulations
As part of our obligations under the UK Money Laundering Regulations 2017, Alder King LLP will require any purchaser to provide proof of identity along with any other required documents.
Subject to Contract
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
References
Financial and accountancy references may be sought from any prospective purchaser prior to agreement.
Viewing Arrangements
For further information or to arrange an inspection, please
contact the agents.
Alder King Property Consultants
18 Park Place
Cardiff
CF10 3DQ
www.alderking.com
Owen Young
029 2038 1996
Alexander Kaine
029 2039 1468
Ref: OY/90605
Date: June 2019