Industrial unit to rent
Property description & features
.Pencoed Technology Park is strategically located just one mile or so from Junction 35 of the M4 Motorway with nearby occupiers including Sony UK, Ortho Clinical Diagnostics, National Imaging Academy Wales and ReNureon.
.The unit provides for a footprint of 130sq.m (1400sq.ft) GIA to a shell finish but with potential for the installing of a mezzanine floor and bespoke fitout as part of any potential letting deal.
.Immediately available To Let under terms of a new Full Repairing and Insuring Lease at a rental of £14,000 per annum exclusive.
Location - The property is situated in a prominent and convenient location on the Pencoed Technology Park which is located just off Felindre Road with direct access to Junction 35 (Pencoed Interchange) of the M4 Motorway via the A473 dual carriageway. Cardiff lies approximately 20 miles to the east and Swansea 22 miles to the west.
Occupiers in close proximity include Ortho Clinical Diagnostics, Sony UK, National Imaging Academy Wales, ReNureon.
Description - The property briefly comprises a mid-terraced light industrial/business unit that provides for a building footprint of approximately 130sq.m (1400sq.ft) GIA. The property is constructed with a minimum eaves height of 8m so as to allow for a full size mezzanine floor if required.
The property is finished to a shell fitout but will include a disabled/unisex WC, EV charging point and 250-300 Mw power supply.
The development has planning consent for B1, B2 and B8 use so the property is considered suitable for a wide variety of clean commercial/industrial warehousing and office type uses.
Tenure - Immediately available To Let under terms of a new lease for a term of years to be agreed on a Full Repairing and Insuring basis at a rental of £14,000 per annum exclusive.
The landlord would consider the carrying out of a be-spoke fit out as part of a letting deal with the cost of fit out to be rentalised over the lease period. Details on application.
Service Charge - Tenant to enter into the Development Estate Service Charge Scheme. Details on application.
Rental - £14,000 per annum exclusive
Business Rates - To be assessed.
Epc - To be assessed upon practical completion of construction.
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
Vat - VAT is payable on rent.
Anti-Money Laundering - In order to discharge its legal obligations, including
under applicable anti-money laundering regulations,
the successful applicant will agree to provide certain
information when Heads of Terms are agreed.
Viewing - Strictly by appointment only through
sole letting agents:
Messrs Watts & Morgan LLP
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Please ask for
Dyfed Miles or Matthew Ashman
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