Unit 4, Jubilee Trading Estate, East Tyndall Street, Cardiff, CF24 5EF

Property Details: • Type: 11,080 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Opportunity to acquire a well let industrial investment opportunity in Cardiff, the capital city of Wales. • Located in a well established city centre industrial location. • Situated in the established Jubilee Trading Estate with surrounding occupiers including Howdens Joinery, Jewsons, Toolstation and Travis Perkins. • The property provides 11,080 sq. ft of industrial warehouse space. • The property is to be let on a new 5 year lease from completion of sale with a break at year 3 to Atlantic Cladding Ltd. • The rent will be £60,940 per annum (£5.50 psf) • Freehold

Location: • Nearest Station: Cardiff Queen Street Station • Distance to Station: 0.7 miles

Agent Information: • Address: 7-8 Windsor Place, Cardiff, CF10 3SX

Full Description: DescriptionThe property is an end of terrace warehouse of 1970’s construction, it comprises blockwork elevations, profile steel cladding and a trussed roof built onto a steel frame. Internally there is a concrete floor with a single level roller shutter door with a height of 4.9 metres. The workable height within the main warehouse extends to 6m.LocationCardiff has a population of approximately 360,000, is the capital city of Wales and is located 146 miles west of Central London, 40 miles west of Bristol and 42 miles east of Swansea. Cardiff is the heart of commercial activity in Wales and is the base of the Welsh Government.SituationJubilee Trading Estate is located on East Tyndall Street, just outside Cardiff City Centre. There is a strong warehouse and trade counter presence in the estate with surrounding occupiers including Howdens Joinery, Tool Station and Travis Perkins.The property benefits from roadside frontage onto East Tyndall street with Cardiff City Centre a short walk to the west of the property. The unit is well located with excellent transport links to the M4 motorway via Junctions 30 and 33.TenancyThe property is to be let on a new 5 year lease from completion of sale with a break at the end of year 3 to Atlantic Cladding Ltd. The annual rent will be £60,940 (£ 5.50 psf). A copy of the terms of the lease are available upon request.Tenant CovenantAtlantic Cladding has been established for over 30 years, with locations in Swansea, Barry and Cardiff. They specialise in the supply of timber and building materials.They have occupied Unit 4 Jubilee Trading Estate since November 1998.They have a Credit Safe rating of 51B reflecting a low risk.