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£675,000

Cefndy Road, Rhyl, Denbighshire

The industrial estate known as Old Thorpe Cefndy Road Estate, is accessed from both Cefndy Road and Ffordd Derwen at the junction of a prominent ro ...

Key features

  • Established industrial Site
  • All units occupied
  • Prominent corner location
  • Income producing
  • Scope to enhance income
  • Good investment potential
  • Probate sale
  • Viewing strictly by appointment via JO Real Estate Ltd 015131927424 / Peter Large Estate Agents 01745 334411
  • Freehold
  • 22/01/2024

Full property description

LOCATION

The industrial estate known as Old Thorpe Cefndy Road Estate, is accessed from both Cefndy Road and Ffordd Derwen at the junction of a prominent road within an established industrial area with both national and regional multiples close by including Screwfix, Howdens, Ford Dealership, Conwy Council, Pinfold Industrial, along with various other local occupiers within this prominent industrial area surrounded by densely populated housing.

Rhyl is a coastal town within Denbighshire in North Wales with an approximate population of 25,000. Rhyl has several important public facilities including three secondary schools, one of which Rhyl High School is situated close by, along with  a college, two theatres, a library, a primary health care centre, a hospital, harbour, and community fire station. Rhyl Golf Club is North Wales Oldest Golf Club and a Founder Member of the Golf Union of Wales.

DESCRIPTION

The site comprises of various industrial units with dual access off from both Ffordd Derwen and Cefndy Road, providing self-contained industrial units with car parking to the front elevation with roller shutter entry to all units in a prominent roadside position. There are 7 units in total, plus a partially covered yard and first floor offices. 6 of the units are let and one vacant unit benefitting from 10 storage containers, which could be let individually. The units are occupied with no leases in place, and scope to further enhance the rental income and create leases, subject to regearing and estate management. The units provide traditional, mainly profile sheet metal with brick or block walls, sodium or strip lighting, three-phase electric supply, and mains water. All units benefit from a roadside frontage and are close to Rhyl town centre.

EPC

There are various Energy Performance Certificates available upon request.

SERVICES

We understand that mains services are available to the units including electricity, mains water and drainage.

ACCOMMODATION

The premises provides the following approximate areas and dimensions:

 M²
SQ FT
Unit A1 
334.00 m²
3,595 ft²
Unit A2
96.00 m²
1,033 ft²
Unit A3
87.79 m²
945 ft²
Unit A4
87.79 m²
945 ft²
Unit A5
282.15 m²
3,037 ft²
Unit B
481.60 m²
5,184 ft²
Unit C
378.00 m²
4,069 ft²
Partial Covered Yard
112.00 m²
1,206 ft²
Mezzanine (not measured)
69.00 m²
742 ft²
Total Rentable Area
1,928.33m²
20,756 ft2
Total Site Area Aprox.
2530.00 m²
0.62 acres
  

TENURE

The site is held freehold.

 

PRICE

Price: £675,000 for the benefit of the current rental income, of £42,257.96.

VAT

All prices, outgoings and rentals are exclusive of, but may be liable to VAT at the prevailing rate. 

 

AGENT’S NOTE

Under Money Laundering Regulations, we are obliged to verify the identity of a proposed purchaser/tenant once a sale/let has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering and the requirements are contained in statute. A letter will be sent to the proposed purchaser/tenant once the terms have been agreed. 

 

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in this transaction.

 

VIEWING

Strictly by appointment via the joint agents:

JO Real Estate Ltd : Jonathan Owen

0151 319 2424 / 07702 131 701

Peter Large Estate Agents : Peter Large

01745 334411 / rhyl@peterlarge.com

 

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