Lot 3 - Units, 2-3 Two Locks Road, Two Locks, Cwmbran, Gwent, NP44 7HQ
- Unconditional Online Auction Sale
- Guide Price* : £420,000+
- Bedrooms: 0
INDUSTRIAL UNITS FOR SALE
Description
Situated in the popular and convenient area of Two Locks, Cwmbran, this substantial triple industrial unit presents an excellent opportunity for a range of commercial, industrial and workshop uses, subject to any necessary consents.
The property comprises three units, offering a versatile combination of office accommodation, warehouse and workshop space, storage areas and ancillary facilities. The scale and layout provide excellent scope for a variety of potential uses and would suit occupiers seeking a substantial commercial premises with both office and industrial accommodation.
Unit 1 provides office accommodation arranged over both ground and first floors, together with WC and kitchen facilities. The unit is presented in fair condition and benefits from attractive glazed partitioning to the first-floor offices, creating a bright and practical working environment.
Unit 2 provides substantial industrial accommodation, with a full-size warehouse/workshop area at ground floor level. The unit benefits from an electric shutter door providing convenient vehicle access, together with further office accommodation situated on the first floor.
Unit 3 is the largest of the three units and provides extensive workshop and warehouse accommodation at ground floor level, together with additional storage areas and WC facilities. A large electric shutter door provides access for vehicles and equipment. Further office accommodation is located at first-floor level.
There is external car parking available directly outside the units.
The site was previously occupied by a local college, which utilised the premises for practical and classroom-based training, demonstrating the versatility of the accommodation and its potential suitability for a range of occupiers.
This represents a rare opportunity to acquire a substantial triple industrial unit in a well-established and popular commercial location. The property offers significant potential for a variety of uses, subject to any necessary planning permissions, consents and statutory requirements.
The property also benefits from excellent nearby road links, providing convenient access to Cwmbran, Newport and the wider South Wales region.
An opportunity of this size, flexibility and location is rarely available and early inspection is strongly recommended.
Accommodation
Unit 1: Ground Floor - 892 sq.ft / First Floor 725 sq.ft
Unit 2: Ground Floor - 2,179 sq.ft / First Floor - 1,158 sq.ft
Unit 3: Ground Floor - 1,519 sq.ft / First Floor - 1,472 sq.ft
*Please note that all measurements provided are an approximate and interested parties should rely on their own checks*
Tenancy Details
To be sold with vacant possession
Tenure
Tenure is advised as Freehold - to be verified
Auction Fees And Additional Costs
The purchaser will be charged a buyers premium of 1.20% of the sale price with a minimum fee of £1,195 inc. VAT
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty. Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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