Industrial to let in 4 Freemans Parc, Penarth Road, Cardiff CF11

Description

Unit 4 is a prominent retail / showroom unit - prime location
Portal frame construction, maximum eaves 7 metres
Glazed entrance / prominent signage position
Rear access / loading door - width 3.27 metres, height 3.4 metres
Excellent customer car parking provision at the front of the unit

Location

Prime trade / industrial / retail location on the Western side of Cardiff - 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. Freemans Parc benefits from frontage and direct access from Penarth Road and a new Costa drive-thru on site. Occupiers on site include Enterprise Rent-a-Car, roc bloc, Hancock Cash & Carry.

Accommodation

Gross Internal Area 12,346 sq ft (1,146.98 sq m)

Tenure and terms

Unit 4 Freemans Parc is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.

Rent / price

£111,114 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £55,000 (2017 List) Multiplier 53.5 pence 2022/23 Rates Payable £29,425 per annum Excl. Contact Cardiff County Council for additional information. (Proposed Rateable Value increase from April 2023 to £60,000)

Estate service charge / building insurance

Please note that an Estate Maintenance Charge is applicable for the upkeep of the common areas of the Estate - the annual budget contribution for Unit 4 is £5,360 plus VAT. Year ending March 2024. Building Insurance Premium - current premium for Unit 4 = £3,530 per annum (/Excl.) 2023.

Legal costs

Each party responsible for their own legal and professional costs.

Energy performance certificate

B-45

Further information

For further details or to arrange a viewing please contact the joint agents - Jenkins Best, Cooke & Arkwright, or Knight Frank.