26,382 to 26,382 sq ft(2,450.97 to 2,450.97 sq m)Available
Asking price £1,575,000

Caxton House & Unit 2Caxton Place, Pentwyn, Cardiff

    Key features

    • 2,450.97 sq. m. (26,382 sq. ft.)
    • Detached Office and Warehouse
    • Separate Detached Unit to the rear
    • Parking for 45 cars (approx)
    • Potential for further development to the rear (subject to planning)
    • Easy access to A48M and M4 (J30 and J29A)

    Caxton House and Unit 2, Caxton Place provides an opportunity to acquire a self-contained site, comprising two detached office/warehouse buildings.

    About this property

    • Description The property comprises 2 detached buildings, together with parking and yard on a site of 0.99 hectares (2.45 acres). Caxton House is a 2 storey detached building containing a mix of offices and warehousing, with the front elevation built of facing bricks with flat roof and the rear warehousing section a mix of brick and profile metal cladding with pitched roof. There are 3 full height roller shutter doors into the warehouse. Internally the office accommodation is arranged in a mix of open plan and cellular space with a mix of gas central heating and heating/ cooling units and some LED lighting. There is also a kitchen area on the first floor. The rear warehouse space has been split into 3 bays with some ancillary office space and mezzanine space created. The detached unit to the rear known as Unit 2, is constructed of profile metal cladding walls and roof and incorporates a mezzanine floor. Parking is provided to the side and rear of the property for approximately 45 cars, together with a yard area to the front of Unit 2. There is land to the rear of the property which may be suitable for further development (Subject to planning).

    Local information

    • Location
    • The property is located in Caxton Place, off Pentwyn Road. The area is a mixed use location with a range of offices, industrial units, hotels, food retail, and residential uses surrounding the property.
    • Caxton Place has recently been boosted by the completion of Vision Court, a 35,000 sq. ft. office development which is let to a range of companies including MWH, Comtec and Office Visions. At the entrance to Caxton Place a Lidl store has recently been completed. There is also a Campanile Hotel. Within close proximity to the property is a Waitrose food store and Pentwyn retail park which includes a Greggs and a petrol filling station.
    • The property is conveniently located on the eastern edge of Cardiff, just off the A48M. J30 of the M4 Motorway is 1.5 miles from the property. Cardiff city centre is approximately 6 miles to the south west of the property.

    Additional information

    • Tenancy Information
    • The main property, Caxton House, is occupied by OCS and Cannon Hygiene (approximately 75:25), whilst Unit 2 is solely occupied by Cannon Hygiene
    • Cannon Hygiene occupy under a license from OCS Group Ltd (the vendor), expiring in January 2021 with a mutual break option in January 2020.
    • OCS are seeking to vacate the property by early 2020.
    • It is proposed that a lease will be entered into between OCS Group Ltd and the prospective purchaser which will mirror the terms of the license. Further details are available on request.
    • The site currently contains two telecommunications masts. One is subject to a lease to Telefonica O2 Ltd who are holding over; the other was leased to Cornerstone, who has served notice and is responsible for the removal of the mast and supporting structures. Further details are available on request.

    Energy performance

    The property has an energy performance asset rating of 80 (D rating).