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OF INTEREST TO OCCUPIERS, INVESTORS AND DEVELOPERS

For sale: £30,000,000.00|1005477 Sq Ft|Warehouse, Industrial, Office, Offices

PROPERTY DETAILS

FOR SALE£30,000,000.00
SIZE1005477 Sq Ft
ADDRESS Imperial Park, Newport, NP10 8FS
TYPEWarehouse, Industrial, Office, Offices
TENUREFor Sale Freehold
POSTED ON9th September 2020

DESCRIPTION

Modern manufacturing and distribution facility available with full vacant possession.

Suitable for redevelopment or subdivision to create a multi-let distribution/industrial asset or alternative uses.

Totalling 1,005,477 sq ft. Comprising warehouse accommodation of 779,872 sq ft on ground floor, 186,720 sq ft on first floor and a 38,067 sq ft two storey office plus ancillary space.

Excellent links to M4, providing connectivity with the UK motorway network.

Located 10 minutes from Port of Newport, Wales’s leading general cargo port.

Offers invited in excess of £30,000,000 for the 40 acre freehold site.

A purchase at this level reflects a highly attractive capital value of £29.84 per sq ft.

Opportunity to acquire at a 50% discount to the replacement costs for the existing buildings, excluding the 40 acre freehold which is included in the sale.

Vendor finance may be available to purchasers, subject to application.

Offering highly functional and affordable space compared to competing locations of Bristol and Avonmouth.

LOCATION

Location: Imperial Park, Newport, NP10 8FS

Newport (S. Wales) (3.4 miles)

Llanishen (6.0 miles)

Lisvane & Thornhill (6.1 miles)

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