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Unit 4, Jubilee Trading Estate, East Tyndall Street, Cardiff, CF24 5EF

Offers in Excess of
£831,000

£75.00 per sq ft

Business rates & charges may apply

Cooke & Arkwright Limited, Industrial Agency
SIZE AVAILABLE

11,080 sq ft

1,029 sq m

SECTOR

Light industrial facility for sale

Key features

  • Opportunity to acquire a well let industrial investment opportunity in Cardiff, the capital city of Wales.
  • Located in a well established city centre industrial location.
  • Situated in the established Jubilee Trading Estate with surrounding occupiers including Howdens Joinery, Jewsons, Toolstation and Travis Perkins.
  • The property provides 11,080 sq. ft of industrial warehouse space.
  • The property is to be let on a new 5 year lease from completion of sale with a break at year 3 to Atlantic Cladding Ltd.
  • The rent will be £60,940 per annum (£5.50 psf)
  • Freehold

Description

Description
The property is an end of terrace warehouse of 1970’s construction, it comprises blockwork elevations, profile steel cladding and a trussed roof built onto a steel frame.

Internally there is a concrete floor with a single level roller shutter door with a height of 4.9 metres. The workable height within the main warehouse extends to 6m.

Location
Cardiff has a population of approximately 360,000, is the capital city of Wales and is located 146 miles west of Central London, 40 miles west of Bristol and 42 miles east of Swansea. Cardiff is the heart of commercial activity in Wales and is the base of the Welsh Government.

Situation
Jubilee Trading Estate is located on East Tyndall Street, just outside Cardiff City Centre. There is a strong warehouse and trade counter presence in the estate with surrounding occupiers including Howdens Joinery, Tool Station and Travis Perkins.

The property benefits from roadside frontage onto East Tyndall street with Cardiff City Centre a short walk to the west of the property. The unit is well located with excellent transport links to the M4 motorway via Junctions 30 and 33.

Tenancy
The property is to be let on a new 5 year lease from completion of sale with a break at the end of year 3 to Atlantic Cladding Ltd.

The annual rent will be £60,940 (£ 5.50 psf).

A copy of the terms of the lease are available upon request.

Tenant Covenant
Atlantic Cladding has been established for over 30 years, with locations in Swansea, Barry and Cardiff. They specialise in the supply of timber and building materials.

They have occupied Unit 4 Jubilee Trading Estate since November 1998.

They have a Credit Safe rating of 51B reflecting a low risk.

Brochures

Unit 4, Jubilee Trading Estate, East Tyndall Street, Cardiff, CF24 5EF

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cardiff Queen Street Station0.7 miles
  • Cardiff Bay Station1.0 miles
  • Cardiff Central Station1.1 miles

About Cooke & Arkwright Limited, Industrial Agency

7-8 Windsor Place, Cardiff, CF10 3SX

Cooke & Arkwright is the largest firm of independent commercial property advisors in Wales. With a heritage going back 120 years, we have been a major force in shaping the Welsh commercial and rural property world.

The scale and scope of our business allows us to provide first rate market intelligence and a wide network of contacts, while still being small enough to be innovative and fleet of foot. The Directors who own the firm all live in Wales and ensure that our clients receive a dedicated, director-led service from our talented teams who work to the highest standards of professionalism and integrity. We achieve this by employing and investing in individuals who are not only the best in their fields in Wales, but also genuinely proud of and passionate about their work, the problems they solve for their clients and what they contribute to society.

Based in South Wales with main offices in Cardiff and Bridgend, and a hub office in London, we provide clients with advice on commercial, rural, retail and development properties in Cardiff, all parts of Wales and beyond. We are passionate about property in Wales and our focus is on using our expert and unrivalled market insight in Wales to give our clients the commercial advice they need to help them maximise the potential of their assets, whether they own, rent or develop. We are the local property experts in Wales.

Notes

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Disclaimer - Property reference 207398-1. 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 Cooke & Arkwright Limited, Industrial Agency. 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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