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



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
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
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
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
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
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
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Innovation House | Magor
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