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

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Rhys Price

The Agent

Rhys Price
Senior Surveyor

02920 346374
Mark Siddons

The Agent

Mark Siddons
Associate

02920 346361
Brochure

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EPC Certificate

Specification

  • INDUSTRIAL
  • 9,486 sqft (881 sqm)
  • To let / For sale
  • £45,000 per Annum / £450,000

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: £450,000
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.

The disposal of 120,000 square feet on the Heads of the Valleys Industrial Estate was a particularly satisfying task. The building had been rebuilt following fire damage, and Jeremy Symons and his team were successful in identifying a nearby purchaser looking to expand. The sale price, at £4,000,000, represented a record sale price for a property of this nature in the area, and with great tenacity and endeavour was completed in a timely fashion. An excellent result.

Richard Hayward, Richard Hayward Properties