LOCATION: The property fronts Parc Ty Glas, a main thoroughfare linking Ty Glas Road to Cardiff Business Park, an established business and office complex. The City Centre lies approximately 5 miles to the south whilst Junction 32 of the M4 motorway (Coryton) lies approximately 3 miles to the west.
DESCRIPTION: Cwrt Ty Parc is a well regarded business park constructed in recent decades and offering flexible office accommodation with on-site parking. Unit 1 itself is a prominent semi-detached premises offering modern open plan office accommodation over three floors.
ACCOMMODATION: Unit 1 can be let in its entirety or on a floor by floor basis. Male and female WC facilities are at ground floor and will be communal if floors are let separately. Each floor has a kitchenette facility.
The available accommodation is as follows:-
GF Unit 39 SqM (419 SqFt)
FF Unit 51 SqM (551 SqFt)
SF Unit 36 SqM (388 SqFt)
SERVICES: Mains electricity, water and drainage are connected. Mains gas is not connected but is assumed to be available in the locality if desired. Heating is provided by wall mounted electric heaters.
We have not tested any of the service installations. Prospective occupiers should satisfy themselves as to the condition of all such items prior to commitment to any letting. EPC Rating D
SERVICE CHARGE: There is a small estate service charge for maintenance of common areas at Cwrt Ty Parc which will be payable by the tenant(s).
In the event that Unit 1 is let on a floor by floor basis, a service charge will be levied for maintenance / cleaning of grounds within the building.
RENT: GF Unit £5,000 pax
FF Unit £6,000 pax
SF Unit £3,600 pax
Total £14,600 pax
TERMS: Unit 1 is available to let in its entirety or on a floor by floor basis on a new Full Repairing and Insuring lease for a term to be agreed.
The property is also available for sale at £275,000 excl.
RATES: The property has a single Rating Assessment as follows:
Rateable Value of £11,100.
Uniform Business Rate multiplier for 20/21 is 53.50
Gross Rates Payable £5,883 pa
In addition, the car spaces have separate Rateable Values of £250 each (£134 payable pa)
If let on a floor by floor basis, each floor will be reassessed and given an independent Rateable Value.
NB Please note that the above takes no account of any Small Business Rate Relief that could reduce or eliminate Business Rates charges.
VAT: All rents and service charges are quoted exclusive of VAT which we understand will be applicable as Unit 1 is a VAT elected property.
ALL ENQUIRIES: Viewings strictly by appointment and subject to all prevailing Covid 19 regulations.
Sole lettings agents: Brinsons & Birt, 67 High Street, Cowbridge, CF71 7AF.
Tel: 01446 771777
Contact: Richard Harris BSc (Hons) MRICS or Robert David BSc (Hons).