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Former Eddershaws, Hadfield Road, Cardiff, South Glamorgan, CF11

£125,000 pcm
£1,500,000 pa

£44.89 per sq. ft.

Business rates & charges may apply

Cooke & Arkwright Limited, Cardiff
SIZE AVAILABLE
33,418 sq. ft.
(3,105 sq. m.)
SECTOR
High street retail property to lease

Lease details

Lease available date:
Now
Lease type:
Long term

Key features

  • Rent of £125,000 pax.
  • The property is located on Hadfield Road which is a busy edge city commercial and trade area.
  • The main building is formed of two elements. The main building offers a steel portal frame with brickwork elevations.
  • Potential for unit to be split to offer units from approximately 7,000 - 12,000 sq ft ground floor GIA.

Property description

Tenure: Leasehold

LOCATION
The property is located on Hadfield Road which is a busy edge city commercial and trade area. The location has a variety of uses and occupiers along Hadfield Road include Batleys Wholesale, Thrifty Car Rental, ACT Skills Academy, Leather Sofa Company, Johnstones Decorating Centre, Topps Tiles, Triumph Motorcycles and Enterprise Rent A Car.

As well as an extensive range of car showrooms, which include manufacturers such as Mazda, Nissan, Mitsubishi and Mini in close proximity, the area also houses a number of other uses including but not limited to Cash & Carry, builders merchants and a Royal Mail delivery office.

The property is situated in a prominent position facing out onto Hadfield road and offers excellent links via the A4232 which is less than 0.5 miles away and runs to junction 33 of the M4. The property is also approximately 2 miles from Cardiff City Centre with Cardiff City Stadium and Capital Retail Park less than 0.5 miles away.

DESCRIPTION
The main building is formed of two elements. The main building offers a steel portal frame with brickwork elevations. This is supplemented by a warehouse extension to the rear that is again built of a steel portal frame and is cladded.
The property currently comprises:

A well presented retail area with two mezzanine floors, one to the front and one to the rear. The property offers a fully glazed frontage with multiple entrances. The main building has an eaves height of 4.26m. There is a small office space contained on the rear mezzanine. There is a warehouse extension with 2 further mezzanine floors. The warehouse is accessed via two electric doors. (Dimensions height 4.70m / weight 3.31m).

The property benefits from approximately 18 customer parking spaces to the front and side of the premises with a loading area for the warehouse.

ACCOMMODATION
Main Building Ground Floor 1,363.23 sq m 14,673 sq ft
Front Mezzanine 215.64 sq m 2,321 sq ft
Rear Mezzanine 480.75 sq m 5,166 sq ft
Warehouse Ground Floor 415.45 sq m 4,471 sq ft
First Floor Mezzanine 357.23 sq m 3,845 sq ft
Second Floor Mezzanine 273.40 sq m 2,942 sq ft

Potential for unit to be split to offer units from approximately 7,000 - 12,000 sq ft ground floor GIA.

PLANNING
The permitted use allows the sale of household and nursery furniture, household furnishings, carpets, lighting, electrical goods and ancillary products and area including coffee shop, workshop, office and warehouse within the A1 use class of the Town and Country Planning Act 1990 (other restrictions apply). Alternative uses will be considered on a subject to planning basis.

TENURE
The property is available to let by the way of a new full repairing and insuring lease for a term to be agreed, to incorporate periodic upward only market rent reviews, at a rent of £125,000 pax.

Alternatively, the long leasehold interest which expires on 24th March 2066 with a current head lease rent of £15,000 pax (subject to one further rent review in 2033) is available for purchase - price on application.

EPC
C - 52

LEGAL COSTS
Each party to bear their own costs in dealing with this transaction.

VAT
The property has not been elected for VAT and will therefore not be payable in addition to the rent.

BUSINESS RATES
We are advised the current rateable value of the property is £126,000 which is subject to an ongoing appeal.


Brochures

Former Eddershaws, Hadfield Road, Cardiff, South Glamorgan, CF11

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grangetown Station0.5 miles
  • Ninian Park Station0.6 miles
  • Cardiff Central Station1.2 miles

About Cooke & Arkwright Limited, Cardiff

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 de

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Notes

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Disclaimer - Property reference 100012082. 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, Cardiff. 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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