Glebe Street, Penarth, CF64 1ED

DESCRIPTION

This well situated self-contained unit comprises of ground floor office/retail/studio space most recently utilised as an Estate Agency within a two storey mixed use property. The unit benefits from fully glazed wooden framed shop front, suspended ceilings with LED and drop lighting, wood laminate flooring, small basin/Tea point, electric panel radiators and WC Facility.

Additional dry storage unit to rear yard.

LOCATION

Penarth is a highly desirable 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 provides good street frontage to Glebe Street located within close proximity to Penarth Town Centre and its popular seafront/promenade. There are both national and independent occupiers within close proximity to include Peacocks, Boots, Brod Bakery, Sainsburys Local, Co-Op, TUI, Costa Coffee, Card Factory and Betfred to name a few.

ACCOMMODATION

The accommodation briefly comprises:

Ground Floor Office/Shop Unit 29.89 sq.m. (322 sq.ft)

TENURE/TERMS

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

RATEABLE VALUE

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

Rateable Value £ 6,300.00

Rates Payable (2026/2027) £ 3,343.30

The current Rateable Value of the property for the period 2026/27 is based on UBR multiplier of £0.350, however, we strongly advise all interested parties they must rely on their own enquiries of the Local Authority on to confirm the above figures and in some instances some relief may be applied.

ENERGY PERFORMANCE CERTIFICATE

tbc

LEGAL COSTS

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

REFERENCES/DEPOSIT

A prospective tenant may need to provide Financial, Trade and Landlord reference contact details upon request. A deposit may be payable subject to prior agreement.

V.A.T.

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

ANTI-MONEY LAUNDERING

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

Yard

Small communal yard with additional dry storage unit

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.