Property Information
Address:
Unit 3, Ringside Business Park, Cardiff
, CF3 2EW
Price: Sale Price: £125,000
Size: SOA
Primary Category: Industrial
All Categories:
Industrial,
Property Ref/Movehut: MH451533
Property Ref/Agent: 12345_1421248938
*Please use the agent ref when calling the agent directly.
Property description
Location
The unit is located at Heol y Rhosog within a secure fenced industrial estate development known as Ringside Business Centre off Wentloog Avenue in the east of Cardiff.
Wentloog Avenue (B4239) runs in a south westerly direction to Lamby Way which provides access to the M4 at Junction 29 within approximately 7 miles via Southern Way (A48) and Cardiff city centre approximately 4 miles to the west via Newport Road.
The location is popular with local and national industrial users, factory, distribution and engineering businesses.
Description
The property comprises a purpose built mid terrace self contained office / workshop unit set within a secure enclsoed service yard.
There is a small forecourt to front with parking for up to 3 vehicles.
The unit is of steel portal frame construction under a pitched roof with part facing brickwork and part colour coated box profile cladding.
The property can be accessed from the front by way of manually operated concertina folding doors and an additional separate pedestrian door access.
Internally, the unit comprises ground floor office, workshop and storage spcae with further office accommodation to first floor.
Occupational Lease
The ground floor and first floor rear are tenanted by Rubicon Heritage Services UK Limited. There is a lease in place drawn for a term of 5 years from September 2016 at a rent of £6,750 pax. The lease incorporates a tenant only break option at the expiry of year 3.
The first floor front offices are currently owner occupied and will become vacant prior to purchase.
Terms
We understand the property is of leasehold tenure and is held by way of a 999 year lease from 18th March 2005.
Price
£125,000, exclusive
Business Rates
The unit has the following assessments for business rates:
Ground Floor & First Floor Rear - RV £9,700 for 2016/17
First Floor Front - RV £3,450 for 2016/17
Interested parties should confirm rates with the local authority.
EPC
The unit has an energy performance rating of D-96.
Legal Costs
Each party to be responsible for their own legal costs.
Viewings
Strictly by prior appointment. If you would like to arrange a viewing please contact us:-
Burnett Davies
21 Penlline Road
Whitchurch
Cardiff
CF14 2AA
Tel:
email:
Subject to contract and availability.
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