Unit K, St. Catherine’s Park, Pengam Road, Cardiff
Cardiff, CF24 2RZ

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Rhys Price

The Agent

Rhys Price
Associate

02920 346374
Brochure

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Specification

  • INDUSTRIAL
  • 17,868 sqft (1,660 sqm)
  • To let
  • POA

Description

LOCATION
St. Catherine’s Park is one of Cardiff’s most established, industrial, trade and leisure parks. It is located approximately 2 miles to the East of Cardiff City Centre, offering visibility and convenient access to Newport Road.  The site is strategically positioned to provide quick and convenient access to J29 and J30 of the M4 Motorway, via theA48.

DESCRIPTION
The property comprises a steel framed building with brick block walls elevations overclad with profile steel sheeting to the walls and roof.  Access to the unit is facilitated by three roller shutter doors opening directly into the unit from either end.

Internally the accommodation provides a clear open space with overall headroom of approximately metres.  There is a single pedestrian door on the west elevation of the building providing access to an office on the ground floor and first floor mezzanine, together with ladies and gents WCs.

- Excellent circulation and loading facilities.
- Minimum eaves height 4.9m.
- 3 full height roller shutter doors.
- Available as a whole, or capable of being sub-divided.

AVAILABILITY
Total Gross Internal Area 17,868 sq ft (1,659.94sq m)

TERMS
Unit K is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.

RENT
On Application

RATES
Rateable Value £66,375 (Multiplier 53.5 pence 2020/21)
Rates Payable £35,511

SERVICE CHARGE
A service charge will be levied for the maintenance and repair of the common areas of the buildings and estate.

BUILDING INSURANCE
Building Insurance Premium details on request.

VAT
All rents are quoted exclusive of VAT.

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

ENERGY PERFORMANCE CERTIFICATE
EPC Rating C-60, a copy is available on request.

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

Or joint agents JLL

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