The property, which totals 74,850 sq ft, was built in 1995 and is of steel frame construction with metal sheet cladding to the elevations below a pitched metal sheet clad roof.
There are a total of five roller shutting doors, four to the front elevation and one to the shared yard to the south east. The eaves height to the underside of the haunch is 5.5m. There is some single storey office accommodation, which accounts for circa 7.0% of the GIA. Site of 3.44 acres which equates to a site coverage of 52%. The site has substantial frontage to Bridge Road South to the front and the undeveloped land to the rear.
The property is located on the Wrexham Industrial Estate which is one of the largest industrial estates in Europe. It accommodates around 300 businesses employing 7,000 staff. Major tenants include JCB and Kellogs.
Let to Calypso Soft Drinks Limited until July 2020.
Tenure: 999 year lease with a ground rent of £2.0 per annum.
Structure
The property was part of the Sapphire Portfolio (Part). See ‘Sapphire Portfolio (Part)’ section for further details.
Asset Management/Value-Add
Negotiations progressing to remove break option when property was sold as part of the portfolio.
