Retail premises to let in 364 - 372, Cowbridge Road West, Cardiff, South Glamorgan CF5

£25,000 pa (£19.04/sq. ft. pa)
Retail premises to let 1,313 sq. ft*
Interested in this property? Call +44 29 2227 9254 * or Request Details

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Property features

  • The current rent being paid is: £25,000 pax
  • The premises is located approx. Four miles West of Cardiff City Centre
  • The premises forms part of a small roadside parade opposite a larger retailing offering containing Lidl, Dominos and Home Bargains.
  • Gross Internal Area 121 sq m 1,313 sq ft

Property description

Location


The premises is located approx. Four miles West of Cardiff City Centre. Cowbridge Road West is a busy commuter road connecting Cardiff to the M4 and it runs through the greater suburb of Ely which benefits from a large residential catchment of 14,000 people. Lidl is directly opposite and adjacent retailers in the vicinity include City Hospice, Lextan, Vets4Pets, Infinity Nails and Elympia Fitness.


Description


The premises forms part of a small roadside parade opposite a larger retailing offering containing Lidl, Dominos and Home Bargains. The premises available is a ground floor retail unit. There are approx. 23 car parking spaces that benefit the roadside parade.


Terms


The premises is available by way of an assignment or a subletting. It is currently occupied via a 10 year internal, repairing and insuring lease subject to a service charge. The lease began 19 May 2017 and has a 5th year rent review and a tenant only break clause on 19 May 2022. The lease is due to expire on 18 May 2027.

The current rent being paid is: £25,000 pax


Rateable value


The 2017 Rateable Value for the ground floor retail unit is:-

Rateable value: £8,500

Rates payable: £4,547.5

Interested parties are encouraged to make their own enquiries with the Local Rating Authority.


Accommodation


The property provides the following approximate areas and

dimensions:

Gross Internal Area 121 sq m 1,313 sq ft


Planning


The premises benefits from A1 planning consent. Other uses will be considered subject to the tenant obtaining all necessary planning consents and prior written consent of the landlord.


EPC rating


D - 98



VAT


VAT is not payable to the rent.


Legal costs


Each party to bear its own costs incurred in the transaction.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Cooke and Arkwright, CF10 on +44 29 2227 9254 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cooke and Arkwright, and do not constitute property particulars. Please contact Cooke and Arkwright for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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