Industrial to let

Description

Unit J2-J4 is a well located distribution / warehouse / industrial unit. The steel portal framed unit comprises 3 bays of largely open plan production/warehouse space with rear loading access / yard area. Integral single storey offices are positioned at the front of the property with dedicated / separate car parking area. To be refurbished.

Location

Coedcae Lane Industrial Estate is an established business location, situated approximately 3 miles north of junction 34 of the M4 motorway, via the A4119 dual carriageway and the A473. Cardiff is approximately 9 miles to the east and Bridgend is approximately 10 miles to the west.

Accommodation

Units J2-J4 provides circa 23,198 sq ft (2,155.16 sq m) of accommodation (Gross Internal Area).

Tenure and terms

Unit J2-J4 is available by way of a New Full Repairing and Insuring Lease for a Term to be agreed.

Rent / price

£151,000 per annum (Exclusive). VAT payable in addition.

Rateable value

Occupiers will be responsible for Business Rates. Rateable Value £83,500 (2023 List) Current Multiplier 56.2 pence. Rates Payable £46,927 Please contact Rhondda Cynon Taff Council for additional information / confirmation.

Estate service charge / building insurance

An estate service charge is payable by the ingoing tenant for a proportion of the costs in maintaining and upgrading the common parts of the estate. Each unit contributes a fair proportion of the overall service charge. The current annual budget applicable to Unit J2-J4 is £16,890 (Exclusive) - Year ending June 2024.

Landlord insurers the building and claims back the premium from the tenant, the current annual premium attributed to J2-J4 is £3,305 (Exclusive).

Legal costs

Each party will be responsible for their own legal costs.

Energy performance certificate

C-63 (A new EPC is to be commissioned)

Further information

For further information please contact the joint agents, Jenkins Best, bnp Paribas, or Knight Frank.