UNIT 16A FREEMANS PARC, PENARTH ROAD, CARDIFF, CF11 8EQ

TO LET

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Size: 3,083 sqft (286.42 sq m)

Price: £20,040 per annum (Excl.)


TO LET

INDUSTRIAL

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Key features

  • Prime trade / industrial / out of town retail location
  • Occupiers in close proximity include Screwfix, SELCO, and Dreams
  • Mid-terrace light industrial / trade / warehouse unit
  • Open plan warehouse accommodation
  • Eaves height - minimum 2.35m, maximum 6.85m
  • Single level loading door (width 3.3m x height 4.5m)
  • WC facility

WELL LOCATED LIGHT INDUSTRIAL / WAREHOUSE UNIT

Description

Freemans Parc is a well-located light industrial / trade estate with direct access to Penarth Road, a prime commercial location in Cardiff.  The Estate is situated on the site of the former Freeman's Cigar Factory which was subject to a redevelopment that included a reconfiguration and refurbishment of the original premises and the construction of additional terraces of units on the site.

Unit 16A Freemans Parc is situated at the rear of the site and is of concrete frame construction with a pitched roof.  The unit offers open plan warehouse accommodation with a minimum eaves height 2.35 metres, maximum eaves 6.85 metres.  The warehouse benefits from access via a single level roller shutter door (width 3.3 metres, height 4.5 metres) and separate pedestrian access. There are also WC facilities to the front of the unit.

Externally, there is a shared forecourt with car parking.

Location

Freemans Parc is situated adjacent to Penarth Road on the Western side of Cardiff. Penarth Road is a prime trade / retail location and 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. Occupiers in close proximity include Screwfix, Dreams, SELCO, Ford, Volvo, and Honda.

Accommodation

Gross Internal Area         3,083 sq ft (286.42sq m)

Tenure and terms

Unit 16A is available to let on new Full Repairing and Insuring lease for a term of years to be agreed.

Rent / Price

£20,040 per annum (Exclusive). Payable quarterly in advance.

Rateable value

Occupiers will be responsible for Business Rates. Rateable Value £15,250 (2017 List).  This equates to Business Rates payable of £8,158.75 per annum (Excl.) (2020-21 Multiplier 53.5 pence). Please contact Cardiff County Borough Council for additional information.

Estate service charge / building insurance

An estate maintenance charge is payable for the maintenance of the common areas.  The estimated estate maintenance charge contribution for Unit 16A is £1,535 year ending March 2024. The Landlord insures the Building and recovers the annual premium from the Tenant.  The premium is dependent upon use - budget figure of £1,010 (Excl.) 2023.

Legal costs

Each party to bear their own legal and professional costs.

Energy Performance Certificate

D- 97 Certificate available upon request.

Further information

For further information or to arrange a viewing please contact Jenkins Best on 02920 34 00 33
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Jenkins Best for themselves and for the vendor/lessor of this property whose agents they are give notice that:

  1. These particulars do not constitute any part of an offer or contract.
  2. All statements contained in these particulars are made without responsibility on the part of Jenkins Best for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact.
  3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
  4. The vendor/lessor does not make or give and neither Jenkins Best nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services.
  5. All terms quoted exclusive of VAT unless otherwise stated.
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