Barclay House & Tudor House, 2-3 Sir Alfred Owen Way, Pontygwindy Industrial Estate, Caerphilly, CF83 3HU
Description
A freehold office investment amounting to an approx. 16, 861 sq ft. Let on a 10 year FR&I lease on from December 2023 (Reversion December 2033 - 7 years unexpired). Upwards only open market rent in 5th anniversary. No Tenant break options. Low capital value of £34.39 per a sq ft on guide price. Let on a low rent of £3.79 per a sq ft - asset management potential to improve the passing rent at rent review. 6 week completion available. Investment let at £64, 000 p.a. (11.03% GIY on guide)
Opportunities
Lot details
- A freehold office investment amounting to an approx. 16, 861 sq ft
- Let on a 10 year FR&I lease on from December 2023 (Reversion December 2033 - 7 years unexpired)
- Upwards only open market rent in 5th anniversary
- No Tenant break options
- Low capital value of £34.39 per a sq ft on guide price
- Let on a low rent of £3.79 per a sq ft - asset management potential to improve the passing rent at rent review
Estimated value
How we worked this out
Based on 6 comparable sales in CF83 (median £794k) · -10% (Needs modernisation)
Indication only — based on Land Registry sales and EPC data, not a formal valuation.
Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.