Penhevad Studios, Penhevad Street, Grangetown
Grangetown, CF11 7LU

  • map
Mark Siddons

The Agent

Mark Siddons
Associate Director

02920 346361
Ben Bolton

The Agent

Ben Bolton
Director

02920 346376

Specification

  • OFFICE
  • 2,914 sqft (271 sqm)
  • For sale
  • £350,000

Location

The property occupies a corner position on Penhevad Street, which leads onto Corporation Road, the main distributor road within the suburb. The property is on the southwest periphery of Cardiff city centre, with good public transport links, located approximately 1km from Cardiff Central, and 3km from Queen Street St Station.

Description

The available property comprises a 2-storey former studio, now developed into high quality and characterful office accommodation, with a mixture of open plan and cellular offices.

The specification includes;

  • Exposed steel feature beams
  • Part-exposed brick finishes
  • Kitchen facilities
  • WC's
  • Intercom
  • Freehold
  • 2 self contained floors

Tenure

Freehold, with vacant possession from 1st January 2023 (there is the potential for VP sooner subject to negotiation)

Anti-Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, Cooke & Arkwright will require purchaser to provide proof of identity along with any other required documents.

Viewings

Strictly by appointment with sole agents Cooke & Arkwright.

Business Rates

£12,707 per annum. (Ground Floor: Ratebale Value £12,250 First Floor: Ratebale Value £11,500)

Cooke & Arkwright 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 Cooke & Arkwright 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 Cooke & Arkwright 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. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP