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Former Capital Valley Plastics, Cwmavon Works, Pontypool, NP4 8UW
Guide Price* : £350,000 plus
DEVELOPMENT OPPORTUNITY
Upon Instructions of
Joint Liquidators
- Freehold
- Vacant
- Development Opportunity (STP)
- On a Site of Approximately 1 Hectare (2.46 Acres)
Description
The opportunity comprises a mixed-use site featuring four distinct buildings, approximately 1,542 sq m (16,598 sq ft).
Building 1
Comprises a former three storey, double-fronted residential property/office premises. Internally, the ground floor includes a reception area, three offices, a waiting room, kitchen, and a WC. The first floor offers three further offices, a boardroom, WC facilities, and ancillary space. While the second floor comprises a kitchenette, an additional office, and further ancillary accommodation.
Building 2
Comprises a substantial building with both five storey and two storey elements. The building sustained fire damage in 2010 and provides five workshop areas. Recent works have been completed to install a new roof over part of the structure. The building remains in a derelict condition.
Building 3
Comprises a detached stone-built former production area. The internal layout has been divided into three workshop spaces. The building features corrugated roofing with transparent panels, strip lighting, and a concrete floor.
Building 4
Comprises a detached steel-framed building with block elevations, set beneath corrugated roof panels with translucent tiles. The building was previously operated as a manufacturing room and includes a locker room and plant room.
On a site of approximately 1 hectare (2.46 acres).
Location
The property is located along Cwmavon Road, on the outskirts of Pontypool, a town within the county borough of Torfaen. Positioned approximately 14 miles north of Newport and 29 miles north-west of Chepstow, the site enjoys a semi-rural setting with generous access and natural privacy.
Pontypool offers a broad range of amenities including retail outlets, public houses, restaurants, and schools. Notable occupiers in the area include Robert Price Builders Merchants and Tesco Superstore, located approximately 4 miles south of the property.
The site benefits from good transport links, with Pontypool and New Inn railway station providing direct services to Cardiff Central and Newport.
Tenure
The property is held Freehold title held under CYM527333.
Planning Authority
Torfaen County Borough Council - www.torfaen.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
Building 1 – D:92
Building 3 – C:69
Building 4 – B:44
Accommodation
| Address | Accommodation | Sq M | Sq Ft |
|---|---|---|---|
| Building 1 | Former House/Office Premises | 218.07 | 2,347 |
| Building 2 (Derelict) | Former Workshop | - | - |
| Building 3 | Former Production Workshop | 796.32 | 8,572 |
| Building 4 | Former Manufacturing Workshop | 527.65 | 5,680 |
| Total | 1,542 | 16,598 |
Contact
Joint auctioneers
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.
If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.
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Legal Documents
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