Property description
A two-storey converted former Warehouse, facing onto Penhevad Street and the adjoining lanes. The conversion is of high quality and contemporary in style, providing a fully self-contained ground floor unit comprising of Office and/or workshop/studio space (B2 & B3 planning). The property is DDA compliant and benefits from shared double height reception, fire and security systems, gas central heating and Disabled W.C. facilities.
Location
Grangetown is a suburb of Cardiff one mile to the West of the city centre and in close proximity to Cardiff Bay, Mermaid Quay festival shopping and restaurant complex, Atlantic Wharf Leisure Village, The Welsh Assembly, Wales Millennium Centre and also the Sports Village. Penhevad Street is located just off Corporation Road, a main commercial route linking Penarth Road and Cardiff Bay. There is swift access to the M4 motorway at Junction 33 via the Butetown Link Road (A4232) dual carriageway which is approximately ¼ mile from the subject property.
Accommodation
The accommodation briefly comprises:150 sq.m. (1,620 sq.ft.)
Lease/Terms
The accommodation is available on an Effectively Full Repairing & Insuring Lease for a term of years to be negotiated.
Price
£12,000 p.a.x.
Rateable Value
Our inspection of the rating list shows the following assessment for the subject property:- Rateable Value £10,000.00 Rates Payable (2013/2014) £4,640.00We recommend that interested parties make their own enquiries of the Local Authority on 029 2087 1491 / 1492 to confirm the above figures and in some instances some relief may be applied.
Energy Performance Rating
Energy Performance Certificate available upon request.
Legal Costs
Each party to bear their own legal costs incurred in the transaction.
V.A.T.
All figures are quoted exclusive of V.A.T. where applicable.