Parkway, Unit R2 Capital Business Park Parkway, CF3

DESCRIPTION

The property forms part of a 2 storey purpose built hybrid block, with the ground floor comprising office space and warehouse with roller shuttered access. There is also additional office space to the first floor with potential to extend out providing a mezzanine space if required. Four allocated parking spaces but additional on street and yard parking is available to the whole site.

The office accommodation benefits from suspended ceilings, spot/category 5 lighting, ceramic tiled/concrete/carpet floors, electric heating, W.C facilities and a fully fitted kitchen.

The unit benefits further from 4 allocated car parking spaces to front, Male and Female plus Disabled W.C facilities. There is also disabled ramp access.

LOCATION

Capital Business Park which is approximately 4 miles east of Cardiff city centre. The park is situated to the eastern outskirts of Cardiff and just beyond Wentloog Business Park. The area as a whole is an established and expanding commercial business location with swift access to the M4 at Junction 29 via Wentloog Avenue, Rover Way and the A48(M). Cardiff Rail freight terminal is within the near vicinity.

Capital Business Park provides for a 75 acre secure landscaped business industrial/distribution environment provides and commercial space being developed over a number of phases.

ACCOMMODATION

The accommodation briefly comprises:

Ground Floor -

W.C. facilities

Cleaner/Utility Cupboard/Storage

Kitchen/Break Room/Office 50 sq.m ( 538 sq.ft)

Warehouse 98 sq.m. (1,055 sq.ft)

First Floor -

Office 50 sq.m. ( 538 sq.ft)

TOTAL FLOOR AREA APPROX: 198 SQ.M (2,131 SQ.FT)

Average Eaves Height (Warehouse) 6.825 sq.m.

TENURE/TERMS

Long Leasehold - For a term of 950 years from 29 September 2004.

SERVICE CHARGE

We have been advised that the Estate service charge is charged quarterly at £360.40 plus VAT. Further information available upon request.

RATEABLE VALUE

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

Rateable Value £ 17,000

Rates Payable (2026/2027) £ 8,534

The current annual rates payable for the period 2026/27 is based on the UBR multiplier of £0.502, however, we strongly advise all interested parties they must rely on their own enquiries of the Local Authority on /2 to confirm the above figures and in some instances some relief may be applied.

ENERGY PERFORMANCE CERTIFICATE

The subject property has an EPC rating of:

Energy Efficiency Rating C:58

Copy certificate available on request

LEGAL COSTS

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

VAT

In accordance with the Finance Acts of 1989 and 1997, VAT may be applicable to the purchase price. Prospective purchasers are advised to determine the VAT implications prior to entering into any agreement.

ANTI-MONEY LAUNDERING

The successful purchaser will be required to provide the necessary information to comply with Anti-Money Laundering (AML) regulations.

Parking - Allocated parking

4no. allocated parking spaces to the front. Multiple unallocated spaces to the rear with additional unallocated on road parking.

Disclaimer

Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract. Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact. They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy. Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial. While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.