Industrial to let in Unit 3A, Penarth Road, Cardiff CF11

Description

Unit 3A Gulf Works comprises a mid-terrace warehouse / light industrial unit located off Penarth Road. New lease available.

Location

Prime trade / car retail location on the Western side of Cardiff - Penarth Road is one of the main arterial routes with excellent road connectivity to the city centre and to Cardiff Bay and M4 (J33) via the pdr A4232. Gulf Works has direct access from Penarth Road and is located to the rear of the Wessex Kia and Nissan dealership. The bmw Sytner dealership is also adjacent to Gulf Works, other occupiers in the vicinity include the Royal Mail (Main Delivery Office), Honda, selco and jlr.

Accommodation

Unit size 3,685 sq ft (342.34 sq m) Gross Internal Area

Tenure and terms

Unit 3A is available by way of new Full Repairing and Insuring Lease for a Term to be agreed.

Rent / price

Rent £22,500 per annum (Exclusive). VAT applicable.

Rateable value

Rateable value £16,750 ( Multiplier 56.2 pence 2024) . Rates Payable £9,413.50 per annum. Please contact Cardiff County Council for additional information.

Estate service charge / building insurance

Each unit contributes towards the estate management / service charge. Current annual contribution for 3A = £2,100 (Excl.) Further details on application. The Landlord insures the Building and recovers the annual premium from the Tenant. Budget figure £1,095 (Excl.)

Legal costs

Each party to be responsible for their own legal costs.

Energy performance certificate

EPC to be re-assessed.

Further information

For further information or to arrange a viewing please contact Jenkins Best