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This property is no longer on the market

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Oasis-group-unit-12-conwy-morfa-enterprise-park-pa

Property

Auction
Property
Added > 14 days

Key information

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Features and description

  • Modern freehold warehouse investment
  • To be entirely let to Offsite Archive Storage and Integrated Services (UK) Limited supported by ROI Co guarantee
  • New 15 year lease from completion (1)
  • 2,938.30 sq m (31,628 sq ft)
  • Site area 0.63 hectares (1.56 acres)
  • To produce £187,058 per annum from completion
  • Online Auction on Wednesday, 27 March 2024

The property comprises a warehouse facility with ancillary offices of approximately 2,938.30 sq m (31,628 sq ft).  The premises comprise a modern warehouse for mineral and paper storage fronted by administrative offices on three floors and with appropriate staff facilities.

The buildings are located approximately centrally on the site and comprise high bay single storey warehousing facilities to the north parts, whilst smaller ancillary office accommodation are attached to the south.  The premises were originally constructed around 1999.

The warehouse accommodation is of a fairly standard type of construction and comprises a ground bearing floor slab with steel portal frame structure with plastic coated metal faced insulated cladding to walls and roofs at low level protected by an inner skin of blockwork and perforated by electrically operated sectional overhead loading doors and powder aluminium frame windows and metal faced personnel doors.

The south office portion of premises was similarly constructed but with a part two and part three-storey arrangement, its internal walling predominantly formed in blockwork with the upper floors in pre-cast concrete floor planks.

The upper floors to the office section are accessed via a passenger lift, a main staircase set within the main entrance area/stairwell and a secondary staircase towards the west.

Mains electricity, gas and water services are connected.  Heating provisions are based on gas fired air blowers in the warehouse areas and comfort heating and cooling installations to the offer.  Power is conventional three phase and single phase types.

There is a service yard and car parking provision for 20 vehicles.

The site area is approximately 0.63 hectares (1.56 acres).


Location:

The property is located on the Parc Caer Seion Industrial Estate within two minutes driving distance of the A55 Expressway linking Conwy with Holyhead and with the motorway network.

Conwy historic walled town and World Heritage Centre and town centre amenities are accessible within five minutes driving distance.

The property is within an estate of similar properties, which have been individually developed by owner-occupiers in the past fifteen years.

The estate contains a broad range of occupiers including research and development companies, trade counters and warehousing.


Tenancy:

OASIS Group is the largest privately-owned information management provider in Europe, securing and managing over 115 million barcoded items, 200TB of digital data, and scanning more than 17 million images per month.

Since forming in 1999, OASIS Group have grown steadily, now employing over 1,700 Team Members. Today the group serve more than 11,500 clients from over 70 locations across six countries; Belgium, Great Britain, Netherlands, Northern Ireland, Poland and the Republic of Ireland.

Together these sites provide secure, affordable and comprehensive information services to clients in diverse industry sectors including education, energy, finance, government, healthcare, legal, manufacturing and retail.

OASIS is at the forefront of Information Management; winners of the Document Manager Awards for four years running (2019-2022) for their Electronic Document and Records Management System (EDRMS) ‘Omnidox’.


Online Auction on Wednesday, 27 March 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
Full profileProperty listings
BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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