Felnex Industrial Estate
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Felnex Industrial Estate
23,709 SF Industrial Building Newport NP19 4PQ $1,404,315 ($59/SF)
Investment Highlights
- Securable yard and parking area
- Established and well located industrial and distribution area with good access to South Wales and South West England
- Ease of access to the A48 and subsequently the M4 at junctions 24 - 28
Executive Summary
The long leasehold is available to purchase for a term expiring 21 June 2095 (70+ years unexpired). There is a ground rent payable, currently £586.52 per annum.
Offers sought in excess of £1,100,000 excluding VAT for the long leasehold interest.
Offers sought in excess of £1,100,000 excluding VAT for the long leasehold interest.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,404,315 | Rentable Building Area | 23,709 SF |
| Price Per SF | $59 | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1970 |
| Tenure | Long Leasehold | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 5 FT 1 IN |
| Price | $1,404,315 |
| Price Per SF | $59 |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Rentable Building Area | 23,709 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Tenancy | Single |
| Clear Ceiling Height | 5 FT 1 IN |
Amenities
- Reception
- Automatic Blinds
Utilities
- Lighting
- Water
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Felnex Industrial Estate
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