Industrial to let in Unit 8, Penarth Road, Cardiff CF11

Description

Tollgate Close Industrial Estate is an established industrial estate with direct access to Penarth Road. Unit 8 is a mid-terraced unit with the following specification:

Steel portal frame construction with part brick/blockwork and part metal cladding elevations
1 No. Level loading door - width 5.0 metres, height 4.0 metres
Minimum eaves height 4.82 metres
Maximum 5.66 metres
Integral office and WC block with separate pedestrian entrance

Location

Prime trade / 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. Tollgate Close benefits from frontage and direct access from Penarth Road with National Tyres Auto Centre located at the entrance, Unit 8 is located next to this unit. Other occupiers on the Estate and the surrounding area include (adjacent to unit), Screwfix, hss, Dreams, Scania, and Edmundson Electrical.

Accommodation

Gross Internal Area - 4,998 sq ft (463.9 sq m)

Tenure and terms

Unit 8 is available by way of a new lease for a term of years to be agreed.

Rent / price

£32,500 per annum (Exclusive of VAT).

Rateable value

Occupiers will be responsible for Business Rates. Rateable Value £20,000 (2023 List). Current rates payable £11,240 per annum (Multiplier 56.2 pence 2024/25).

Please contact Cardiff County Borough Council for additional information / confirmation.

Estate service charge / building insurance

Each unit on the estate contributes towards the estate management / service charge for the upkeep and maintenance of common areas - current budget contribution for Unit 8 is £1,430 (year ending Sept 23) confirmed.

The Landlord insures the building and recovers the annual premium from the Tenant . Premium 2022 £1,400.Tenants responsible for their contents insurance.

Legal costs

Each party responsible for their own legal and professional fees.*

*However, if the Tenant wishes to use The Landlord's In-House Lease a contribution of £175 plus Vat is applicable.

Energy performance certificate

EPC Rating d-81. Certificate available on request.

Further information

For additional information or to arrange a viewing please contact the joint agents Jenkins Best or Knight Frank.