Office to let in Suite 2, Lanesborough House, The Laurels Business Park, Wentloog, Cardiff CF3

Description

Established commercial location with excellent road links to the M4 and Cardiff city centre. Suite 2 Lanesborough House is located at the entrance and forms part of the Laurels Business Park. Suite 2 is available by way of a new Lease for a term of years to be agreed.

Location

The Laurels Business Park is located in the established commercial area of Wentloog, approximately 3 miles to the east of Cardiff City Centre, a 5 minute drive to the A48(M) which in turn links with the M4 Motorway at Junction 30 (heading west) and Junction 29 (heading east). The estate is accessed from Heol Y Rhosog from Wentloog Road.

Accommodation

Suite 2 provides ground floor office accommodation within a modern multi-let office building (Lanesborough House).
Suite 2 is circa 965 sq ft (89.65 sq m)
The suite is predominantly open plan with suspended ceiling and recessed lighting
There is communal WC's and a kitchen on the ground floor - the maintenance / cleaning of these areas are covered within the building service charge.
Access = 24 hours

Tenure and terms

Suite 2 is available by way of a New Full Repairing and Insuring Lease for a Term of years to be agreed.

Rent

Rent = £7,750 per annum (Exclusive). VAT payable in addition Excludes Business Rates, Estate Service Charge, Building Insurance.

Rateable value

Rv £8,200 (2023 List) Multiplier 56.2 pence (2024/25) Rates Payable £4,608.40 *Suite 2 currently qualifies for an element of small business rates relief - contact Cardiff County Council for additional information.

Legal and professional costs

Each party responsible for their own legal and professional costs.

Builidng /state service charge

A variable service charge is levied to cover the costs of maintenance and upkeep of the common parts of the building (Lanesborough House) and the estate (Laurels Business Park). The current annual budget contribution for Suite 2 is £3,171.80 (Excl.).
Building Insurance - the Landlord insures the building and recovers the premium from the Tenant - premium for Suite 2 tbc

Further information

Please contact Jenkins Best or joint agents Hutchings and Thomas.