LocationLakeside is located on the established St Mellons Business Park. The Park is strategically located on the eastern outskirts of Cardiff with easy access to the M4 motorway (J28 and J.30) and Cardiff City Centre via the A48(M) - 5 miles to the west . Newport City Centre is 8 miles to the east.
Tenure & Terms
New Lease available for a term of years to be agreed. The property can be sub-divided with the 49,708 sq ft warehouse and 1 yard available separately from the front office block with office suites available from 2,207 sq ft. A sale of the entirety may be considered - please contact for additional information.
Rent
£350,000 per annum (Exclusive).
Rateable Value
Tenant to be responsible for all business rates - the warehouse and front offices are currently assessed separately
Warehouse = Rateable Value £72,000 (2023 List) Current Multiplier 53.5 pence, rates payable £38,250 per annum
Office = Rateable Value £80,000 (2023 List) Current Multiplier 53.5 pence, rates payable £42,800 per annum
Estate service charge / building insurance
If leased as whole no building service charge will exist.
If leased in part / sub-divided a building service charge will be implemented to cover the maintenance and upkeep of common areas. Building Insurance Premium to be confirmed.
Legal costs
Each party responsible for their own legal and professional costs.
Energy Performance Certificate
D-86
Further information
For further information and to arrange an inspection, contact joint agents Jenkins Best on 02920 340033 / Knight Frank.
|