Seaway Para - Warehouse CONDO FOR SALE


Port Talbot, WGN SA12 7BR
$1,000,000 USD
Seaway Para, Port Talbot, WGN for Sale
$1,000,000 USD
Warehouse CONDO - FOR SALE
1/7
null | 7.42% Cap Rate

Seaway Para
Port Talbot, WGN SA12 7BR


HIGHLIGHTS

  • The property is situated close to the Baglan Energy Park and Baglan Industrial Estate
  • Access to the unit is via Central Avenue and Sirius Drive
  • Secure fenced forecourt/car-parking

OVERVIEW

The property is held by way of a 999 year lease from 1989 at a peppercorn rent – further information is available on request. The property also benefits from the provision of solar panels on the roof of the property for which the property owner will benefit from additional FIT payments. The solar panels are available to purchase separately for £100,000. The current rent passing is £75,000 pa. (£3.75 psf.) which is due to increase in March 2027 to £80,000 pa. (£4.00 psf.), and £85,000 pa. (£4.25 psf.) in the final year of the term. Offers are invited for this investment in the region of £1.00m

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

7.42%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

22,374 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

-

APN/PARCEL ID

CYM595596,WA171965,WA762170

ASK ABOUT THIS PROPERTY

Michael BruceDLP SurveyorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael BruceDLP SurveyorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.