Office for sale

First and Second Floor Offices, Stangate House, Penarth, Cardiff, CF64 2AA

Sold STC 3,972 sq. ft. | £375,000

Property Description

Commercial information

  • 3,972 sq ft (369 sq m)

Full description

Tenure: Freehold

LOCATION
Stangate House is prominently and centrally located fronting Stanwell Road, within Penarth Town Centre.

The popular coastal town of Penarth is conveniently located lying just two miles or so south of Cardiff Bay via the A4232 dual carriageway. Penarth has a vibrant town centre home to both multiple retailers and local traders and has a bustling social and leisure scene. Penarth is also a highly sought after residential location lying within easy commute of Cardiff city centre.

Stangate House is centrally located within Penarth town centre immediately opposite HSBC Bank.

DESCRIPTION
Stangate House comprises a modern three storey mixed retail and office development. Available for sale are 4 no. self-contained office suites located on first and second floor together with entrance lobby and 6 car parking spaces to the rear.

The property is built to a traditional standard of construction with brick work elevations under a tiled pitched roof. Pedestrian entry doors and first and second floor windows are double glazed powder coated aluminium.

The property to be sold briefly comprises of 4 self-contained office suites as set out below:-

First Floor
Suite 1A - 123 sq m (1,330 sq ft) NIA - Vacant
Suite 2A - 61 sq m (656 sq ft) NIA - Vacant

Second Floor
Suite 1B - 123 sq m (1,330 sq ft) - Occupied
Suite 2B - 61 sq m (656 sq ft) NIA - Vacant

TERMS
The property is to be sold "virtual freehold" under terms of a 999 year lease at a peppercorn rental.

The property is to be sold largely with vacant possession save as to Suite 1B which is currently let to Development Trust Association Wales who are 'holding over' under terms of a secure 1 year I.R.I lease from 15/8/13 at a rental of £6,366 PA.

VAT
All figures quoted are exclusive of V.A.T. if applicable.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.

PARKING NOTES
6 car parking spaces to the rear.

VIEWING
Strictly by appointment only through
sole selling agents:

Messrs Watts & Morgan.
Tel: (01656) 644288
Email: commercial@wattsandmorgan.wales

Please ask for Dyfed Miles or Kate Harris.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Penarth (0.2 mi)
  • Dingle Road (0.3 mi)
  • Cogan (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watts & Morgan, Bridgend Commercial

1 Nolton Street, Bridgend, CF31 1BX

01656 501012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Penarth (0.2 mi)
  • Dingle Road (0.3 mi)
  • Cogan (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watts & Morgan, Bridgend Commercial

1 Nolton Street, Bridgend, CF31 1BX

01656 501012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100565017771. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Watts & Morgan, Bridgend Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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