The property, which totals 24,576 sq ft, was constructed in the late 1980s. It comprises a detached warehouse located on a self-contained site. The build is steel frame construction with block work to a height of approximately 2.2m under a metal clad roof, which has intermittent translucent panels.
There is a 5.0m eaves height (5.9m at the apex). Access to the main warehouse is through three electrically operated roller shutter doors. Part of the space forms a showroom and this has been partitioned off. The building includes c.1,335 sq ft of ancillary and office accommodation arranged over two floors.
There is parking to the property’s western elevation next to the reception. There is a loading/turning yard to the southern elevation. The triangular site has an area of 1.39 acres, equating to a site ratio coverage of 40%.
Duel House is located approximately 2km south of Cwmbran town centre. The immediate area is characterised by a mix of B2 and B8 users and residential. The site is on an elevated position near to the A4051.
Tenure: Long leasehold of 999 years with a ground rent of £2.0 per annum.
Structure
The property was part of the Amber Portfolio. See ‘Amber Portfolio’ section for further details.
Asset Management/Value-Add
Obtained vacant possession from an illegal tenant, a legacy of the previous manager/loan sponsor.
