UNIT 9A & 9B FREEMANS PARC, PENARTH ROAD, CARDIFF, CF11 8EQ

TO LET

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Size: 8,708 sqft (809.00 sq m)

Price: £56,602 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, Lockn'Store, BMW, and Dreams
  • Mid-terrace light industrial / trade / warehouse unit
  • Eaves height - Min 2.55m, Max 6.90m
  • 2 No. level loading doors (width 3.25 metres, height 3.25 metres)
  • Integral office accommodation
  • Kitchenette & WC facilities
  • Available by way of a new full repairing and insuring Lease

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 9A & 9B Freemans Parc is a mid-terraced unit of concrete frame construction with metal cladding elevations under a pitched roof.  The unit offers open plan warehouse accommodation with a minimum eaves height of 2.55 metres and maximum eaves of 6.90 metres.  The warehouse benefits from access via a single level roller shutter door (width 3.25 metres, height 3.25 metres) and separate pedestrian access. There is integral office accommodation, kitchenette and WC facilities to the front of the unit.

Externally, there is a shared forecourt offering a generous car parking provision.

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, Wickes, Bentley, Ford, Volvo, and Honda.

Accommodation

Gross Internal Area                                  8,708 sq ft (809 sq m) Units could be sub-divided to provide two separate units (9A = 3,474 sq ft and 9B = 5,234 sq ft)

Tenure and terms

Unit 9A & 9B is available to let on new Full Repairing and Insuring terms to be agreed. Alternatively, Unit 9A (3,474 sq ft) and Unit 9B (5,234 sq ft) are available individually.

Rent / Price

£56,602 per annum (Exclusive). Payable quarterly in advance.

Rateable value

Occupiers will be responsible for Business Rates. Rateable Value £38,000 (2017 List).  This equates to Business Rates payable of £20,330 per annum (Excl.) (2020-21 Multiplier = 0.535 pence) Please contact Cardiff County 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 9A & 9B is £3,795 year ending March 2022.

The Landlord insures the Building and recovers the annual premium from the Tenant.  The premium is dependent upon use - additional information available on request.

Legal costs

Each party to bear their own legal and professional costs.

Energy Performance Certificate

Unit 9A and 9A are currently assessed individually. 9A: D-93 9B: D-86 Certificates 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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