Unit 16b, Freemans Parc, Penarth Road, Cardiff
Cardiff, CF11 8EQ

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Rhys Price

The Agent

Rhys Price
Associate

02920 346374
Ben Bolton

The Agent

Ben Bolton
Director

02920 346376

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Particulars

Specification

  • INDUSTRIAL/LOGISTICS
  • 3,100 sqft (288 sqm)
  • Under Offer
  • £21,700 per annum

Location

Freemans Parc is a prime trade / retail location on the Western side of Cardiff. Penarth Road benefits from excellent road connectivity it is one of the main arterial routes in to the City Centre, to Cardiff Bay and the M4 (J33) via the A4232. Freemans Parc is prominently located with roadside frontage and direct access from Penarth Road. Occupiers in close proximity include Screwfix, HSS Hire, Honda, and Ford.

Description

Unit 16b Freemans Parc is a mid-terraced unit of concrete frame construction with metal clad 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 roller shutter door (width 3.3 metres, height 4.5 metres) and separate pedestrian access. There are WC facilities within the demise. Externally there is a shared forecourt with car parking.

The specification includes;

  • Prime Industrial / trade location
  • Mid-terrace light industrial / trade / warehouse unit
  • New Costa Drive-thru planned / due to be constructed on site
  • Eaves height - Min 2.55m / Max 6.90m
  • 3,100 sq ft (288 sq m)
  • Light Industrial Warehouse

Insurance

The property has an annual insurance change of £850.

Terms

Unit 16B is available to let on new Full Repairing and Insuring Lease for a term of years to be agreed.

Business Rates

£8,159 per annum

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