Unit 4, Jubilee Trading Estate, Cardiff
Cardiff, CF24 5EF

Cardiff has a population of approximately 360,000, is the capital city of Wales and is located 146 miles west of Central London, 40 miles west of Bristol and 42 miles east of Swansea. Cardiff is the heart of commercial activity in Wales and is the base of the Welsh Government.

Description

The property is an end of terrace warehouse of 1970’s construction, it comprises blockwork elevations, profile steel cladding and a trussed roof built onto a steel frame.

Internally there is a concrete floor with a single level roller shutter door with a height of 4.9 metres. The workable height within the main warehouse extends to 6m.

The specification includes;

• Opportunity to acquire a well let industrial investment opportunity in Cardiff, the capital city of Wales.
• Located in a well established city centre industrial location.
• Situated in the established Jubilee Trading Estate with surrounding occupiers including Howdens Joinery, Jewsons, Toolstation and Travis Perkins.
• The property provides 11,080 sq. ft of industrial warehouse space.
• The property is to be let on a new 5 year lease from completion of sale with a break at year 3 to Atlantic Cladding Ltd.
• The rent will be £60,940 per annum (£5.50 psf)
• Freehold

Situation

Jubilee Trading Estate is located on East Tyndall Street, just outside Cardiff City Centre. There is a strong warehouse and trade counter presence in the estate with surrounding occupiers including Howdens Joinery, Tool Station and Travis Perkins. The property benefits from roadside frontage onto East Tyndall street with Cardiff City Centre a short walk to the west of the property. The unit is well located with excellent transport links to the M4 motorway via Junctions 30 and 33.

Tenancy

The property is to be let on a new 5 year lease from completion of sale with a break at the end of year 3 to Atlantic Cladding Ltd. The annual rent will be £60,940 (£ 5.50 psf). A copy of the terms of the lease are available upon request.

Tenant Covenant

Atlantic Cladding has been established for over 30 years, with locations in Swansea, Barry and Cardiff. They specialise in the supply of timber and building materials. They have occupied Unit 4 Jubilee Trading Estate since November 1998. They have a Credit Safe rating of 51B reflecting a low risk.

Business Rates

Rates upon enquiry

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.