Industrial to let

Description

Units 20-22 are well located light industrial / warehouse units situated on the popular and established Llandough Trading Estate. Located off Penarth Road the Estate benefits from excellent access to both the City Centre and the M4 Motorway.

Location

Llandough Trading Estate is accessed from Penarth Road: (A4160) one of the main arterial routes into Cardiff city centre. The estate is situated approximately 3 miles south west of the city centre and is visible from the A4232 peripheral distributor road, providing a direct link to J33 on the M4 approximately 8 miles to the north west. Local occupiers include a mixture of trade counter, industrial, car showroom and retail occupiers including Porsche, Screwfix, 3D Flooring, and Greggs.

Accommodation

19,884 sq ft (1,847.3 sq m) Gross Internal Area
Single storey offices at front of each unit
Warehouse - minimum eaves height 4.2 metres, maximum eaves height 5.2 metres
3 No. Level access roller shutter door (width 4.25 metres, height 4.5 metres)

Tenure and terms

Units 20-22 are available by way of a new Full Repairing and Insuring Lease for a term to be agreed.

Rent / price

£140,000 per annum (Excl.) VAT payable in addition.

Rateable value

Occupiers will be responsible for Business Rates.

Rateable value for Unit 20 = £27,250 (2023 List).

Rateable value for Unit 21 = £27,250

Rateable value for Unit 22 = £28,250

Multiplier 2024/25 = 56.2 pence.

Estate service charge / building insurance

An estate service charge is levied for the maintenance of the common areas. Each unit contributes a fair proportion of the overall service charge, the current annual budget for Units 20-22 = £18,465.(Excl.) - year ending March 2024.VAT payable in addition.

The Landlord insures the buildings on the Estate and recovers the annual premiums from the Tenants - amount to be confirmed subject to use.

Legal costs

Each party responsible for their own legal costs.*

*However, if the Tenant wishes to use The Landlord's In-House Lease a contribution of £175 plus Vat is applicable.

Energy performance certificate

Unit 20 = d-90 Unit 21= c-60 Unit 22= c-67 .Certificates are available on request.

Further information

Please contact the Joint Agents - Jenkins Best (Henry Best / Anthony Jenkins/ Craig Jones) or Knight Frank