Industrial Estates for sale in Caernarfon

View the "Blythe Farm Commercial Estate is set in grounds of approximately 8 acres, 5 acres of which is agricultural land in enclosures of some 2.5 acres each" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Y. MacGregor (Nov 2017)
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Freehold Price: £350,000
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Business Description
Blythe Farm Commercial Estate is set in grounds of approximately 8 acres, 5 acres of which is agricultural land in enclosures of some 2.5 acres each. The site offers a significant investment and development opportunity with potential for a comprehensive redevelopment of the site (subject to permissions). The units, which benefit from having retail, light industrial and warehouse/distribution use, were constructed circa 1940 as barracks for RAF Llandwrog, and are of basic concrete block construction with what we assume to be asbestos sheet roofing. At present there are 11 tenanted units achieving an income in the region of £25,500pa. The rental income could be significantly increased following a comprehensive programme of refurbishment using modern day construction materials, to provide modern work spaces, for which there is an excellent demand in this location. Possible alternative uses of the site (subject to consents) would be leisure/tourism or holiday use. Mains electricity and water is available on site. Drainage is private.
Tenure: Freehold

Location Details:
The property is located some one mile from the junction of the A497 trunk road with the A499, and 12 miles from the A55 expressway which provides access at Chester to the UK motorway network. The estate also has the benefit of having an access road link to Caernarfon airport. Occupants of the trading estate include antiques dealerships, local construction companies, IT consultants and wholesale distributors.

Listed by: Dafydd Hardy Chartered Surveyors & Estate Agents

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