Ludlow Street, Penarth

LOCATION
Penarth is a seaside town overlooking the Severn Estuary within the Vale of Glamorgan, and is situated approximately 5 miles south west of Cardiff City Centre.

There is relatively swift access to the M4 via Cogan Spur (A4044) the Grangetown link road dual carriageway (A4232) which leads to Junction 33 via Culverhouse Cross.

The subject property is situated to a prominent position on Ludlow Street located close to the Penarth Town Centre, within close proximity to Plassey St, High St, Albert Rd and Windsor Road which runs directly through the town centre.

DESCRIPTION
Showroom office space offering glazed frontage.

The unit benefits from spot lighting, tiled flooring. W.C. facility to rear.

ACCOMMODATION
The accommodation briefly comprises:

Ground Floor Total Area 40 sq.m. (430 sq.ft.)

TERMS
The accommodation is available on an Effectively Full Repairing and Insuring basis for a flexible term of years to be negotiated.

OUTGOINGS
Our inspection of the rating list shows the following assessment for the subject property:-

Rateable Value £ 8,500.00

Rates Payable (2024/2025) £ 4,777

The current Rateable Value of the property for the period 2024/25 is based on UBR multiplier of £0.562, however, we strongly advise all interested parties they must rely on their own enquiries of the Local Authority on tel: to confirm the above figures and in some instances some relief may be applied.

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

LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.

SERVICE CHARGE
A service charge is to be levied with respect to common expenditure. Further information can be made available upon request.