Unit 8, Pacific Business Park, Pacific Road, Cardiff
Cardiff, CF24 5HJ

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Tim Lawley

The Agent

Tim Lawley
Associate Director

02920 346372
Mark Siddons

The Agent

Mark Siddons
Associate

02920 346361
Brochure

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EPC Certificate

Specification

  • OFFICE, INDUSTRIAL
  • 3,056 sqft (284 sqm)
  • To let / For sale
  • £34,000 per Annum / £400,000

Description

Unit 8 Pacific Business Park is located on Pacific Road on the eastern side of Ocean Way, one of the main arterial roads linking Cardiff Docks to the City Centre.

The area is well established as a commercial location, populated by many offices, trade counters and light industrial operators, and there is direct access to the M4 via the A48 (Rover Way) and the A4232 dual carriageway.

The building is a modern steel portal frame business unit, with profiled steel cladding and masonry walls, profiled cladding to the roof, and a roller shutter door and a large glazed pedestrian entrance.

The unit has been fitted out to a very high quality specification internally, to provide modern creative office space, and incorporates reception area, a WC, kitchen, office areas, mezzanine work areas and a meeting room, and an internal storage area.

TERMS
The property is available to let on a term to be agreed. Alternatively the long leasehold of the property is available to purchase

AVAILABILITY

3,056 sq. ft.
(including 760 sq. ft. mezzanine)

Rent- £34,000 per annum
Sale (Long Leasehold)- £400,000

Business Rates
RV- £14,750
Rates payable- £7,891 per annum (2020/2021)

Service Charge - an estate service charge will be payable for the upkeep and maintenance of the business park.

VAT - will be charged in addition

Parking- 4 designated spaces

EPC- D/95

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.

Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

Steve Phillips, Group Finance Director, Welsh Rugby Union Group