The property comprises 2 semi-detached buildings which have been combined to form 1 single building. Internally, there is a mix of open plan office space and meeting rooms
Location
Unit 19/20 Neptune Court is located on Vanguard Way within the popular Ocean Park development, Cardiff’s premier mixed use business location. The property is well located with Cardiff city centre located just 1.4 miles to the north-west.
The property is easily accessible by car, located immediately off the A4232 which links directly into Cardiff Bay and J33 of the M4. Junctions 29 and 30 of the M4 Motorway to the east are easily accessed via Newport Road and the A48. Adjacent occupiers include V12 Retail Finance, HLN Architects and Hopkins Law. The immediate area also boasts other facilities and amenities for any potential occupier including UFIT Fitness gym and Greggs.
Accommodation
700 to 3,268 sq ft
Terms
Service Charge We understand that a service charge for the building is implemented and currently runs at £3.50 psf excluding utilities. However, the most recent available figures can be provided upon request. We are advised that all main services are connected to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items
Planning We are verbally advised that the accommodation has planning consent for office use, but any occupier should make their own enquiries to the Planning Department of Cardiff Council www .cardiff.gov.uk.
Business Rates Indicative payable rates calculated at approximately £5.42 per sq ft. Additional small business rates relief may be available depending on the size of unit occupied. However, interested parties should make their own enquiries to Cardiff Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment (www.voa.gov.uk
Energy Performance Certificate ). The EPC Rating is C (64), expiring in 2031. A full certificate can be provided on request. Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate
Code for Leasing 2020 . VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent/purchase price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement.
#AML A successful tenant/purchaser will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed. Tenure The property is available on a new standard repairing lease with terms to be negotiated.
Rent The property is offered to let for £11.50 per sq ft per annum.
Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
Specification
- Air conditioning
- Suspended ceilings
- Onsite parking
- Open plan layout