UNIT 7B FREEMANS PARC, PENARTH ROAD, CARDIFF, CF11 8EQ

TO LET

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Size: 1,711 sqft (158.96 sq m)

Price: £14,000 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, Hemmels,  Dreams
  • Adjacent to new COSTA Drive-thru
  • 1 No. level loading door
  • Minimum eaves height 2.35 metres, maximum eaves 6.85 metres
  • Available by way of a new full repairing and insuring Lease
  • Unit currently qualifies for an element of small business rates relief

PRELIMINARY DETAILS - WELL LOCATED TRADE UNIT

Description

  • Trade unit
  • Adjacent to COSTA Drive-thru

Location

Prime trade / 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. Occupiers on the Park include Hemmels, Hancocks Cash & Carry, ROC-BLOC and the Pram Centre. A new Costa Drive-thru is under construction on the Estate. In close proximity other occupiers include Screwfix, Dreams, Kia, Ford, Volvo, and Honda.

Accommodation

Total gross internal area = 1711 sq ft (158.96 sq m)

Tenure and terms

Unit 7B is available to let on new Full Repairing and Insuring terms to be agreed.

Rent / Price

£14,000 per annum (Excl.) VAT payable in addition.

Rateable value

RV £10,000 (2023 List) (Multiplier 53.5p 2020/21) Current rates payable = £5,350* Unit currently qualifies for an element of small business rates relief (33.3% discount on rates payable) - Please contact Cardiff County Council for additional information.

Estate service charge / building insurance

Current Estate Service Charge contribution £860 plus VAT. Year ending March 2024. Building insurance - current annual premium £565 Excl.

Legal costs

Each party responsible for their own legal and professional fees.

Energy Performance Certificate

EPC Rating E-103 (To be re-assessed once refurbishment works completed)

Further information

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