Warehouse for sale

£1,500,000

Floorplan

''' B2 to B8 Industrial WAREHOUSE with LARGE YARD ''' SUPERB Location with GREAT LINKS to M4 & M48 Motorways for M5 ''' Overall Size circa 8,000 sqm WILLING TO SPLIT ''' FOR SALE 400 per sqm or TO LET 50 per sum ''' VIRTUAL VIEWING ''' Email NOW with any Questions.

SITUATED on the Established Severnbridge Industrial Estate at Forge Row, this B2 to B8 Industrial WAREHOUSE (circa 8,000sqm) with LARGE YARD is available to purchase as a WHOLE Lot (INDICATED in YELLOW) or NEGOTIATION of Part at 400 per sqm or to LET 50 per sqm as a WHOLE or Part.

SUPERB Location with GREAT LINKS to M4 & M48 Motorways for M5. WALKING DISTANCE of Caldicot Town Centre.

Various construction types and eave heights. W.C.s, Offices and Canteen Accommodation available.

Main services, x3 power supplies reported at 1,450 KVA, and two gas supplies.

TENURE: Freehold interest in the property is available for sale.

''' PLEASE NOTE ''''

As the property and Yard is available to Rent and or Purchase, as a whole or in part, negotiations may be being made or have been agreed.

Email to ask any Questions or to View

LOCAL AUTHORITY for Rateable Value Monmouthshire Council: Telephone

Adre Properties are DELIGHTED to Have Been Shortlisted, by the NEGOTIATOR (the Industry Standard) for the SECOND YEAR RUNNING as in the BEST 5 ESTATE AGENTS in WALES. Situated from the GATEWAY of WALES in CHEPSTOW, Adre Properties is SUPERBLY PLACED for SELLING and RENTING in both WALES and the WEST.

Adre Properties is a local and affordable and professional online Estate Agent dedicated to the South Wales and the West Region. If you have either a property to SELL or RENT then give us a call to find out how much you could save.

Adre Properties is a Trading name of Adre Properties Ltd.

THE PROPERTY MISDESCRIPTIONS ACT 1991

Adre Properties Ltd has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor and/or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. Adre Properties Ltd has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown within photographs are NOT included unless specifically mentioned within the sales particulars. However, they may be available by separate negotiation.

PLANS are provided as a guide and are indicative only.

COPYRIGHT

Both the information and photographs on this website are the copyright of Adre Properties Ltd. Prospective purchasers may download, store and use the material for both their own personal consideration and for those people they may need to consult with. However, unless the permission of Adre Properties Ltd has been sought, under NO circumstances may any content, including photographs, be republished, retransmitted, redistributed or otherwise so that it causes the material to become available to any party or on any website, online service or bulletin board or reproduced as a hard copy or in other media form.

ADRE PROPERTIES COVID-19 ADVICE and OPERATIONAL PROTOCOL

Adre Properties follow the Coronavirus Workplace guidance for Employers and Employees and the Moving Home Regulations for VIEWING during the COVID-19 Pandemic.

In the first instance, all property viewings should be made Virtually. Please click on Adre Properties-- Virtual Viewing Link within the property listing, this will take you to Adre Properties-- YouTube Channel.

Having watched the Virtual Viewing and you would like to progress to VIEW the Property, we ask that you please EMAIL Adre Properties to advise your proceedability and suggest when you would like to view. Please be mindful that we do need notice on physical viewings as properties must have been vacated and/or deep cleaned prior to a viewing.

In line with the UK Guidance, we respectfully ask that no more than 2 people (from the same household) attend the viewing. Young children (unless carried) at this time cannot accompany people viewing inside houses. We appreciate that this is often difficult, so please advise us of your situation as we might be able to suggest options available to you.

The UK Guidance states that if you are shielding or have been displaying coronavirus symptoms in the last 14 days you should not attend a viewing.

In order to minimise risk, PPE (mask or face covering and disposable gloves (to reduce possible contamination from surfaces)) must be worn whilst in the property. If you do not have your own, please ask our Agent as we have PPE Packs available.

We respectfully ask that all reasonable measures are taken to comply with social distancing and ensure a 2-meter distance with our Adre Properties Agent.

If you have any concerns or questions, please do not hesitate to contact Adre Properties. Further information is available at:

Moving Home during the Coronavirus Pandemic:

Keep Wales Safe at Work

Nearest Stations:

0.91 miles
Caldicot
1.65 miles
Severn Tunnel Junction
3.64 miles
Severn Beach
4.81 miles
Chepstow
5.19 miles
Pilning

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1256450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 37500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 131450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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