Industrial to let

Description

Unit A1 is a modern end of terrace light industrial / trade unit located at Laurels Business Park. The Park is located in an established commercial location benefitting from excellent road links. Unit A1 is available by way of a new Lease for a term of years to be agreed.

Location

The Laurels is located in the established industrial area of Wentloog, approximately 3 miles to the east of Cardiff City Centre, a 5 minute drive to the A48(M) which in turn links with the M4 Motorway at Junction 30 (heading west) and Junction 29 (heading east). The estate is accessed from Heol Y Rhosog via Mardy Road and Lamby Way. Occupiers on the estate and in the immediate area include Pickfords, cmbe and Engineered Performance Coatings.

Accommodation

Unit A1 is an end of terrace light industrial / trade unit.

Total gross internal area = 2,144 sq ft (199.25 sq m)

Steel portal frame warehouse= minimum eaves height 4.9 metres, maximum eaves height 6 metres

Single level roller shutter door, width 3 metres, height 4 metres

Separate pedestrian door

Office, WC and kitchen area

Tenure and terms

Unit A1 is available by way of a New Full Repairing and Insuring Lease for a Term of years to be agreed.

Rent / price

£15,008 per annum (Excl.) VAT payable in addition.

Rateable value

Rv £10,500 (Multiplier 56.2p 2024/25) . *Unit qualifies for an element of small business rates relief - contact Cardiff County Council for additional information.

Estate service charge / building insurance

A variable service charge will be levied to cover the costs of maintenance and upkeep of the common parts of the estate. The current annual budget applicable to Unit A1 is £1,530 (Exclusive). Year ending Dec 2023.

The Landlord insures the building and recovers the annual premium from the Tenant - the current annual premium (2023) for Unit A1 is £785 (Excl.).

Legal costs

Each party responsible for their own legal and professional costs

Energy performance certificate

Current assessment e-100. Certificate available upon request.

Further information

Please contact sole agent Jenkins Best