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For Sale by Auction on 25th April 2024, Freehold Warehouse Investment, Maelgwn House, Unit 12 Parc Seion Industrial Estate, Conwy, LL32 8FA

31,628 Sq Ft / Industrial / Investment

For Sale - £1,850,000.00

Available - Last updated: 15 April 2024

For Sale by Auction on 25th April 2024

The property comprises a warehouse facility with ancillary offices of approximately 2,938.30 sq m (31,628 sq ft).  The premises comprise a modern warehouse for mineral and paper storage fronted by administrative offices on three floors and with appropriate staff facilities.

The buildings are located approximately centrally on the site and comprise high bay single storey warehousing facilities to the north parts, whilst smaller ancillary office accommodation are attached to the south.  The premises were originally constructed around 1999.

The warehouse accommodation is of a fairly standard type of construction and comprises a ground bearing floor slab with steel portal frame structure with plastic coated metal faced insulated cladding to walls and roofs at low level protected by an inner skin of blockwork and perforated by electrically operated sectional overhead loading doors and powder aluminium frame windows and metal faced personnel doors.

The south office portion of premises was similarly constructed but with a part two and part three-storey arrangement, its internal walling predominantly formed in blockwork with the upper floors in pre-cast concrete floor planks.

The upper floors to the office section are accessed via a passenger lift, a main staircase set within the main entrance area/stairwell and a secondary staircase towards the west.

Mains electricity, gas and water services are connected.  Heating provisions are based on gas fired air blowers in the warehouse areas and comfort heating and cooling installations to the offer.  Power is conventional three phase and single phase types.

There is a service yard and car parking provision for 20 vehicles.

The site area is approximately 0.63 hectares (1.56 acres).

 

Location

The property is located on the Parc Caer Seion Industrial Estate within two minutes driving distance of the A55 Expressway linking Conwy with Holyhead and with the motorway network.

Conwy historic walled town and World Heritage Centre and town centre amenities are accessible within five minutes driving distance.

The property is within an estate of similar properties, which have been individually developed by owner-occupiers in the past fifteen years.

The estate contains a broad range of occupiers including research and development companies, trade counters and warehousing.

Accommodation

Ground Floor Warehouse - 1,874.08 sq m (20,173 sq ft)

Maeglgwn House

Mezzanine - 380.00 sq m (4,090 sq ft)

Offices - 12.00 sq m (129 sq ft)

Storage

First Floor Offices - 514.40 sq m (5,537 sq ft)

Second Floor Office - 156.00 sq m (1,679 sq ft)

Second Floor Storage - 1.82 sq m (20 sq ft)

Total - 2,938.30 sq m (31,628 sq ft)

Terms

Tenancy - OASIS Group is the largest privately-owned information management provider in Europe, securing and managing over 115 million barcoded items, 200TB of digital data, and scanning more than 17 million images per month.

Since forming in 1999, OASIS Group have grown steadily, now employing over 1,700 Team Members. Today the group serve more than 11,500 clients from over 70 locations across six countries; Belgium, Great Britain, Netherlands, Northern Ireland, Poland and the Republic of Ireland.

Together these sites provide secure, affordable and comprehensive information services to clients in diverse industry sectors including education, energy, finance, government, healthcare, legal, manufacturing and retail.

OASIS is at the forefront of Information Management; winners of the Document Manager Awards for four years running (2019-2022) for their Electronic Document and Records Management System (EDRMS) ‘Omnidox’.

Tenure - Freehold

Guide Price - £1,850,000

Specification

  • Modern freehold warehouse investment
  • To be entirely let to Offsite Archive Storage and Integrated Services (UK) Limited supported by ROI Co guarantee
  • New 15 year lease from completion (1)
  • 2,938.30 sq m (31,628 sq ft)
  • Site area 0.63 hectares (1.56 acres)
  • To produce £187,058 per annum from completion

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £1,850,000.00 NA

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Contact agents

Agency Team

BidX1 Commercial

020 3151 9502

Oliver Childs

BidX1 Commercial

020 3369 1655

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