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Innovation House Magor 23,425 SF Vacant Office Building Caldicot NP26 3DG For Sale

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Investment Highlights

  • Quality High Profile Office Accommodation
  • The accommodation has a total of 100 allocated onsite car parking spaces
  • Fully accessible raised floors
  • Strategically and prominently located at the gateway to South Wales at Junction 23a of the M4 Motorway
  • Passive air handling sytem
  • Energy efficient LED lighting

Executive Summary

The property is available on a new standard repairing lease with terms to be negotiated. Alternatively, it is also available for sale. Sale price provided upon application.
Innovation House is strategically and prominently located at the gateway to South Wales at Junction 23a of the M4 Motorway. The offices have been designed with the intention of providing low in carbon emissions using such features as enhanced solar shading and improved insulation levels. The property comprises three storeys of high-quality office space, available as a whole or in part, including smaller suites.
In total, the Wales 1 Business Park extends over 17 acres and is one of the first developments of speculative sustainable office buildings in Wales. The offices have been designed with the intention of providing buildings which are low in carbon emissions using such features as enhanced solar shading and improved insulation levels. Innovation House (104) comprises three storeys of high-quality office space - available as a whole or in part, including smaller suites. The building and estate have been designed to reduce day to day running costs resulting in lower carbon footprint and lower overall occupational costs. A 127-bedroom hotel (Ty Hotel) is situated on the business park and provides hot food and bar services.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
23,425 SF
Building Class
B
Year Built
2009
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,808 SF
Slab To Slab
10’
Building FAR
0.50
Lot Size
1.07 AC
Parking
100 Spaces (4.27 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Security System
  • Kitchen
  • Energy Performance Rating - C
  • Fully Carpeted
  • Direct Elevator Exposure
  • Open-Plan
  • Partitioned Offices
  • Air Conditioning
  • Raised Floor System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 8,368 SF
  • Office
  • Partial Build-Out
  • Now

A New Full Repairing and Insuring Lease for a Term to be agreed. The lease will be direct with the Landlord. Rent:£14.00 per sq ft. The property is available as a whole or in part, including smaller suites. The Service charge currently operates at approximately £3.75 per sq ft excluding utilities. The rateable value has been calculated at £8.42 per sq. ft per annum. Therefore, rates payable per annum equates to £4.78 per sq. ft

  • 1st Floor
  • 8,935 SF
  • Office
  • Partial Build-Out
  • Now

A New Full Repairing and Insuring Lease for a Term to be agreed. The lease will be direct with the Landlord. Rent:£14.00 per sq ft. The property is available as a whole or in part, including smaller suites. The Service charge currently operates at approximately £3.75 per sq ft excluding utilities. The rateable value has been calculated at £8.42 per sq. ft per annum. Therefore, rates payable per annum equates to £4.78 per sq. ft

  • 2nd Floor
  • 6,122 SF
  • Office
  • Partial Build-Out
  • Now

A New Full Repairing and Insuring Lease for a Term to be agreed. The lease will be direct with the Landlord. Rent:£14.00 per sq ft. The property is available as a whole or in part, including smaller suites. The Service charge currently operates at approximately £3.75 per sq ft excluding utilities. The rateable value has been calculated at £8.42 per sq. ft per annum. Therefore, rates payable per annum equates to £4.78 per sq. ft

Space Size Space Use Condition Available
Ground 8,368 SF Office Partial Build-Out Now
1st Floor 8,935 SF Office Partial Build-Out Now
2nd Floor 6,122 SF Office Partial Build-Out Now

Ground

Size
8,368 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size
8,935 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
6,122 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground

Size 8,368 SF
Space Use Office
Condition Partial Build-Out
Available Now

A New Full Repairing and Insuring Lease for a Term to be agreed. The lease will be direct with the Landlord. Rent:£14.00 per sq ft. The property is available as a whole or in part, including smaller suites. The Service charge currently operates at approximately £3.75 per sq ft excluding utilities. The rateable value has been calculated at £8.42 per sq. ft per annum. Therefore, rates payable per annum equates to £4.78 per sq. ft

1st Floor

Size 8,935 SF
Space Use Office
Condition Partial Build-Out
Available Now

A New Full Repairing and Insuring Lease for a Term to be agreed. The lease will be direct with the Landlord. Rent:£14.00 per sq ft. The property is available as a whole or in part, including smaller suites. The Service charge currently operates at approximately £3.75 per sq ft excluding utilities. The rateable value has been calculated at £8.42 per sq. ft per annum. Therefore, rates payable per annum equates to £4.78 per sq. ft

2nd Floor

Size 6,122 SF
Space Use Office
Condition Partial Build-Out
Available Now

A New Full Repairing and Insuring Lease for a Term to be agreed. The lease will be direct with the Landlord. Rent:£14.00 per sq ft. The property is available as a whole or in part, including smaller suites. The Service charge currently operates at approximately £3.75 per sq ft excluding utilities. The rateable value has been calculated at £8.42 per sq. ft per annum. Therefore, rates payable per annum equates to £4.78 per sq. ft

  • Listing ID: 39553442

  • Date on Market: 2026-02-24

  • Last Updated:

  • Address: Magor, Caldicot NP26 3DG

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