Industrial to let in Unit A3, The Laurels Business Park, Heol Y Rhosog, Wentloog, Cardiff CF3

Description

Unit A3 is a modern mid-terrace light industrial / warehouse unit located at Laurels Business Park. The Park is located in an established commercial location benefitting from excellent road links.

Location

The Laurels is located in the established industrial 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 via Mardy Road and Lamby Way. Occupiers on the estate and in the immediate area include Pickfords, cmbe and Engineered Performance Coatings.

Accommodation

Unit A3 is a mid-terrace light industrial / trade unit. Total gross internal area = 2,116 sq ft (196.6 sq m)

Tenure and terms

Unit A3 is available by way of a New Full Repairing and Insuring Lease for a Term of years to be agreed.

Rent / price

£14,812 per annum (Excl.) VAT payable in addition.

Rateable value

Rv £10,500 (2023 List) (Multiplier 56.2 2024/25). Rates payable £5,901 per annum*

*The unit currently benefits from an element of small business rates relief (circa 25% reduction on above rates payable) - please contact Cardiff County Council for additional information.

Estate service charge / building insurance

A variable service charge will be levied to cover the costs of maintenance and upkeep of the common parts of the estate. The current annual budget applicable to Unit A3 is £1,455 (Excl.). Year ending Dec 24.

The Landlord insures the building and recovers the annual premium from the Tenant - the current annual premium for Unit A3 is £750 (Excl.)

Legal costs

Each party responsible for their own legal and professional costs

Energy performance certificate

D-100

Further information

Please contact Jenkins Best on