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

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Mark Siddons

The Agent

Mark Siddons
Associate Director

02920 346361
Ben Bolton

The Agent

Ben Bolton
Director

02920 346376

Additional Downloads

EPC Certificate

Specification

  • OFFICE
  • 2,914 sqft (271 sqm)
  • For sale
  • £400,000

Description

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 - 1 per floor
WC’s
Intercom


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

AVAILABILITY:  2,914 sq.ft NIA

Price: £400,000

Business Rates:

Ground Floor:
Rateable Value: £12,250
Rates payable: £6,554 pa

First Floor:
Rateable Value: £11,500
Rates payable: £6,153 pa

Service Charge: N/A

Parking: None

VAT:  will apply at the prevailing rate.

EPC:  C/58

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.

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.

I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

Bob James, Aerfin