Industrial to let in Penarth Road, Cardiff CF11

Description

Unit 5 Tollgate Close is a well-positioned light industrial / trade unit located off Penarth Road, Cardiff within a prime out of town retail and trade location.

Location

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.

Accommodation

Gross Internal Area of approximately 6,656 sq ft (618.4 sq m)

Unit served by a single roller shutter door 4.5 m wide by 4.6m high

Portal frame construction

Integral offices, kitchenette, w c blocks

On site car parking

Tenure and terms

The premises are available to let on new Full Repairing and Insuring for a term of years to be agreed.

Rent / price

£45,750 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable value - £28,250 . Rates payable £15,877 (2024/25 Multiplier 0.562p). For confirmation or further information please contact Cardiff City Council.

Estate service charge / building insurance

A service charge is levied for the upkeep and maintenance of the common areas. The current annual budget contribution is £1,900 (year ending September 23).

Building Insurance is payable - Premium determined by use, please contact for additional information.

Legal costs

Each party to bear their own legal costs incurred in the transaction.

Energy performance certificate

E-125. Certificate available upon request.

Further information

For further information please contact Joint Agents Jenkins Best or Knight Frank