Property Type: Development Site, Industrial/Logistics, Investment
Tenure: For Sale, Investment, Development Opportunity
Size: 3.6 Acre
Price: £ 800000
Property Details:
Western Industrial Estate is situated on Ponthir Road in Caerleon, five miles north east of Newport City Centre. The site is strategically well located in close proximity to J24 of the M4 to the south, A449 to the east and A4042 to the west. The surrounding area is a mixture of residential and commercial uses including Renault, Suzuki, Fiat and the Caerleon Campus development site.
Western Industrial Estate is made up of a mixture of portal framed warehouses and open storage yards, all fenced with their own designated access points. To the rear of the site is a parcel of land circa 1.2 acres which has the potential for further development, subject to planning. The site is available to purchase freehold. The freehold is split into two titles - WA233622 and WA301433. There are 6 long leaseholders and 5 short leases. All lease, title and plans available on request.