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£350,000

St. Asaph Avenue, Kinmel Bay, Conwy

The industrial estate forming part of The Tileries industrial estate accessed off St Asaph Avenue, close to the junction of Cader Avenue with nearb ...

Key features

  • Industrial estate
  • Storage units
  • Car parking
  • Yard areas
  • Scope for further units
  • Total of 12 units
  • Tenanted units
  • Units 6 & 7 will become vacant
  • Rental income
  • Date : 25/06/2024

Full property description

LOCATION

The industrial estate forming part of The Tileries industrial estate accessed off St Asaph Avenue, close to the junction of Cader Avenue with nearby occupiers including CL Jones Building Materials, Castle Carpets Flooring Shop, Bayside Bodyshop, JB Dairies, Beeson Brothers. There is a range of industrial occupiers in the immediate area and residential housing to the rear. 

DESCRIPTION

The site provides an irregular shaped rectangle with a number of industrial units, storage containers, part timber structures on a hard standing surface with the occupiers being on site for a number of years, providing car parking, yard areas and scope for further units. The unit on entrance to the site, 1,1A is excluded from the sale. There are a total 12 number of units and containers, including yard areas, partially used by some of the occupiers providing a range of units and occupiers. Two units 6,7 will become vacant to add to the existing rental income shortly. 

ACCOMMODATION

The premises provides the following approximate areas and dimensions:

Unit 2 58.82 m² 633 ft²

Unit 3 47.30 m² 509 ft²

Unit 5 51.80 m² 557 ft²

Unit 6 42.04 m² 452 ft² 

Unit 6a 52.56 m² 566 ft

Unit 7 67.90 m² 731 ft²

Unit 8 32.70 m² 352 ft² 

Unit 9 39.82 m2 429 ft2

Unit 10 123.55 m2 1330 ft2

Unit 10b 94.74 m² 1020 ft²

Unit 10c 118.00 m2 1270 ft2

Unit 10b+ 50.00 m2 538 ft2

Total Rentable Area 779.23m² 8,387 ft2

Total Site Area Aprox. 3785 m² 0.953 acres

 EPC

There are various Energy Performance Certificates available upon request.

SERVICES

We understand that mains services are available to the units including electricity and mains water.  Drainage is via a septic tank.

TENURE

We understand the site is held freehold, subject to confirmation.

PRICE

Price: £350,000 for the benefit of the investment income, current circa £20,700. subject to change.

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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