Unit 2A, Gulf Works, Penarth Road, Cardiff
Cardiff, CF11 8TT

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Rhys Price

The Agent

Rhys Price
Senior Surveyor

02920 346374
Ben Bolton

The Agent

Ben Bolton
Director

02920 346376

Specification

  • INDUSTRIAL
  • 5,307 sqft (493 sqm)
  • To let
  • £22,750 per Annum

Description

LOCATION
The property is located on Penarth Road to the West of the City Centre. The area is a prime trade and car retail location with excellent connectivity.  Penarth Road is one of the main arterial routes into the City Centre, to Cardiff Bay and M4 (J33) via the A4232.

Gulf Works is accessed from Penarth Road and is located to the rear of the Wessex Kia and Nissan dealership. The new BMW Sytner dealership is adjacent to Gulf Works, other occupiers in the vicinity include the Royal Mail, Volvo, Honda, Halfords, and SELCO.

DESCRIPTION
The property is a mid terrace, light industrial / distribution unit measuring 5,307 sq ft (493.03 sq m). The minimum eaves height measures 4.6 metres and access is via a roller shutter measuring 3 metres by 4 metres high. Within the demise there is a small office and WC with car parking immediately to the front of the unit. 

AVAILABILITY
Unit 2A 5,307 sq ft (493.03 sq m) GIA

TERMS
Unit 2A is available to let on new Full Repairing and Insuring Lease, terms to be agreed.

RENT
Rent £22,750 per annum (Excl.) VAT payable in addition.

RATES
Rateable Value £19,250 (2017 List)
Rates Payable £10,298.75 per annum Excl. (Multiplier 53.5p 2020/21)

Please contact Cardiff County Council for additional information / verification.

SERVICE CHARGE
Please note that an Estate Maintenance Charge is applicable for the upkeep of the common areas of the Estate - details available on request.

BUILDING INSURANCE
Building Insurance Premium details for Unit 2A available on request.

LEGAL COSTS
Each party responsible for their own legal and professional costs.

ENERGY PERFORMANCE CERTIFICATE
EPC to be re-assessed.

FURTHER INFO
For further information or to arrange a viewing please contact Rhys Price - 02920 346374

Or Joint Agents, Jenkins Best or Knight Frank

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