Towers House, Ipswich Road, Cardiff
Cardiff, CF23 9AQ

  • map
Mark Siddons

The Agent

Mark Siddons
Associate

02920 346361
Rhys Price

The Agent

Rhys Price
Associate

02920 346374
Brochure

Download the Brochure

Download

Additional Downloads

EPC Certificate

Specification

  • INDUSTRIAL
  • 9,486 sqft (881 sqm)
  • Under Offer
  • £45,000 per Annum / £425,000

Description

The property is located on Ipswich Road, Cardiff, a popular industrial and trade counter location situated off Newport Road, approximately 3 miles to the East of Cardiff City Centre. 

Junction 30 of the M4 is 3.5 miles away, accessed via the A48.

The area is home to a number of well established national occupiers, including Screwfix, Dulux Decorator Centre, City Plumbing Supplies, Jewson and Euro Commercials.

The property comprises a detached trade /workshop unit of steel portal frame construction, with a pitched roof.

The warehouse has a minimum eaves height of 4 metres, and is served by two roller shutter doors, and gas heating.

To the front of the property there is two-storey office and ancillary accommodation, comprising of cellular offices,  reception, kitchen and welfare facilities.

The office specification includes;  suspended ceilings, carpeted floors and gas radiators.

There is an additional detached storage unit set within the yard.

The site area measures 0.48 acres.

AVAILABILITY

Warehouse: 5,272 sq.ft (489.78 sq.m)
Office and ancillary: 2,674 sq.ft (248.42 sq.m)
Detached unit:       1,540 sq.ft (143.06 sq.m)

TOTAL: 9,486 SQ.FT (881.26 SQ.M)

Terms:

The 99-year long leasehold is available to purchase, dated 25 March 1969.

Alternatively, the property is available to lease on terms to be agreed.

Price: £425,000
Rent: £45,000 pa

VAT: Payable at the prevailing rate.

Business Rates:
Rateable Value: £52,000
Rates Payable: £27,820 pa

EPC: E/120

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