Cymric House, Port Talbot (2013) - Aston Rose
investment
020 7629 1533
Cymric House Bethany Square Port Talbot SA13 1PQ
Investment summary: • • • • •
Freehold office investment Town centre location Secretary of State for the Environment and Barclays Plc 4.9 years weighted average unexpired lease term £325,000 reflecting a net initial yield of 12.9%
www.astonrose.co.uk
investment Location Port Talbot is located in Neath Port Talbot, Wales. The town lies some 33 miles west of Cardiff and 10 miles east of Swansea. Junctions 39-41 of the M4 motorway provide nearby access to the town and a direct rail service to London Paddington takes less than 2 hours.
Situation The property is located on Bethany Square close to the centre of the town and the Civic Centre on the outskirts of the main shopping area. The main car parks servicing the town are adjacent to the building.
Description The two storey property erected in 1989 comprises a steel frame construction with brick block work cavity walls and double glazed aluminium frames, under a pitched slate roof. The property provides open plan office accommodation, is air-conditioned and has lift access to the first floor.
020 7629 1533
Tenure Freehold.
VAT No VAT.
EPC The property has an energy performance asset rating of B (44). A full copy of the EPC is available on request.
Proposal Offers in the region of £325,000 (three hundred and twenty five thousand pounds) are invited for the freehold interest reflecting a net initial yield of 12.9% after deduction of standard costs of 4.8%.
Further Information For further information or to arrange a viewing, please contact: Ken Morgan 020 7629 1533 [email protected]
Rob Cragg 020 7629 1533 [email protected]
Aston Rose 35c North Row London W1K 6DH Tenancy Schedule Floor
Size (sq ft)
Tenant
Lease Expiry
Rent Review
Ground
2,270 sq ft
Secretary of State for the Environment
23 Jun 2019
24 Jun 2014
First
2,120 sq ft
Ground First
1,030 sq ft 1,120 sq ft
TOTALS
6,540 sq ft
Rent pa
Notes Sublet to Network Training Services Ltd
£30,000 Barclays plc
28 Sept 2014
-
Tenant not in occupation. £14,000 £44,000
MISREPRESENTATION ACT These particulars are believed to be correct and, where practicable, reasonable steps have been taken to ensure their accuracy, however this cannot be guaranteed. They do not form part of any offer or other contract. The owner of this property does not make or give, representations or warranties in relation to this property. Aston Rose (West End) Limited and their employees do not accept any responsibility for information supplied to them by the owner or any third party. Any intending purchaser or lessee must satisfy itself by inspection or otherwise as to the correctness of the particulars. All measurements are approximate. The plans in these particulars are published for convenience of identification only, and although believed to be correct, their accuracy is not guaranteed and does not form part of any contract. February 2013
www.astonrose.co.uk
020 7629 1533
Cymric House Bethany Square Port Talbot SA13 1PQ
Investment summary: • • • • •
Freehold office investment Town centre location Secretary of State for the Environment and Barclays Plc 4.9 years weighted average unexpired lease term £325,000 reflecting a net initial yield of 12.9%
www.astonrose.co.uk
investment Location Port Talbot is located in Neath Port Talbot, Wales. The town lies some 33 miles west of Cardiff and 10 miles east of Swansea. Junctions 39-41 of the M4 motorway provide nearby access to the town and a direct rail service to London Paddington takes less than 2 hours.
Situation The property is located on Bethany Square close to the centre of the town and the Civic Centre on the outskirts of the main shopping area. The main car parks servicing the town are adjacent to the building.
Description The two storey property erected in 1989 comprises a steel frame construction with brick block work cavity walls and double glazed aluminium frames, under a pitched slate roof. The property provides open plan office accommodation, is air-conditioned and has lift access to the first floor.
020 7629 1533
Tenure Freehold.
VAT No VAT.
EPC The property has an energy performance asset rating of B (44). A full copy of the EPC is available on request.
Proposal Offers in the region of £325,000 (three hundred and twenty five thousand pounds) are invited for the freehold interest reflecting a net initial yield of 12.9% after deduction of standard costs of 4.8%.
Further Information For further information or to arrange a viewing, please contact: Ken Morgan 020 7629 1533 [email protected]
Rob Cragg 020 7629 1533 [email protected]
Aston Rose 35c North Row London W1K 6DH Tenancy Schedule Floor
Size (sq ft)
Tenant
Lease Expiry
Rent Review
Ground
2,270 sq ft
Secretary of State for the Environment
23 Jun 2019
24 Jun 2014
First
2,120 sq ft
Ground First
1,030 sq ft 1,120 sq ft
TOTALS
6,540 sq ft
Rent pa
Notes Sublet to Network Training Services Ltd
£30,000 Barclays plc
28 Sept 2014
-
Tenant not in occupation. £14,000 £44,000
MISREPRESENTATION ACT These particulars are believed to be correct and, where practicable, reasonable steps have been taken to ensure their accuracy, however this cannot be guaranteed. They do not form part of any offer or other contract. The owner of this property does not make or give, representations or warranties in relation to this property. Aston Rose (West End) Limited and their employees do not accept any responsibility for information supplied to them by the owner or any third party. Any intending purchaser or lessee must satisfy itself by inspection or otherwise as to the correctness of the particulars. All measurements are approximate. The plans in these particulars are published for convenience of identification only, and although believed to be correct, their accuracy is not guaranteed and does not form part of any contract. February 2013
www.astonrose.co.uk
