Industrial to let in Unit 5, Llandough Trading Estate, Cardiff CF11

Description

Unit 5 is a well located light industrial / warehouse unit situated on the popular and established Llandough Trading Estate. Located off Penarth Road the Estate benefits from excellent access to both the City Centre and the M4 Motorway.

Location

Llandough Trading Estate is accessed from Penarth Road: (A4160) one of the main arterial routes into Cardiff city centre. The estate is situated approximately 3 miles south west of the city centre and is visible from the A4232 peripheral distributor road, providing a direct link to J33 on the M4 approximately 8 miles to the north west. Local occupiers include a mixture of trade counter, industrial, car showroom and retail occupiers including Porsche, Screwfix, 3D Flooring, and Greggs.

Accommodation

6,186 sq ft (575 sq m) Gross Internal Area

Refurbished to a high standard:

New LED lighting

New electric roller shutter door

New office and welfare accommodation

Tenure and terms

Unit 5 is available by way of a new Full Repairing and Insuring Lease.

Our client is looking for a minimum 5 year term commitment albeit under certain circumstances they may consider permitting a tenant's break clause (within this period)

Rent / price

£43,300 per annum (Excl.) VAT payable in addition.

Rateable value

Occupiers will be responsible for Business Rates. Rateable value for Unit 5 = £26,000 (2023 List). Rates payable £14,612 per annum (Multiplier 2024/25 = 56.2 pence)

Estate service charge / building insurance

An estate service charge is levied for the maintenance of the common areas. Each unit contributes a fair proportion of the overall service charge, the current annual budget for Unit 5 = £5,745 (Excl.) - year ending March 2024. VAT payable in addition. The Landlord insures the buildings on the Estate and recovers the annual premiums from the Tenants - amount to be confirmed subject to use.

Legal costs

Each party responsible for their own legal costs.

Energy performance certificate

C-71. Certificate available upon request.

Further information

Please contact the Joint Agents - Jenkins Best or Knight Frank