DESCRIPTIONThis self-contained ground-floor office/studio forms part of a Grade II listed terraced building dating from circa 1920. Extensively refurbished, the accommodation comprises open-plan and partitioned offices with comm...
DESCRIPTION
This self-contained ground-floor office/studio forms part of a Grade II listed terraced building dating from circa 1920. Extensively refurbished, the accommodation comprises open-plan and partitioned offices with commercial-grade LVT and carpet flooring, gas central heating throughout, kitchen and WC facilities. Features include an air conditioned machine/server room, structured networking, security and access-control infrastructure, emergency lighting and fire doors.
On-street metered parking is available in Mount Stuart Square.
LOCATION
Mount Stuart Square is situated in the heart of Cardiff Bay Cardiff Bay is a thriving business community and desirable residential area lying approximately 1 mile south of the City Centre and within walking distance of The Atlantic Wharf Red Dragon Multiscreen Cinema/Restaurants/Leisure complex, Cardiff Bay Railway Station, Welsh Assembly Building, Wales Millenium Centre and Mermaid Quay with its numerous bars and restaurants. The St David’s five-star Hotel and Exchange hotel are also within the vicinity.
ACCOMMODATION
The accommodation briefly comprises:
Ground Floor –
Open Plan Office
5no. Stud Partitioned Offices
Kitchen/Tea Point
2no. W.C’s
Total Net Internal Area – 161 sq m (1,733 sq ft)
TENURE/TERMS
Long Leasehold – 125 years from 1st October 2004 with 103 years remaining.
SERVICE CHARGE
We have been advised that there is a Communal service charge payable. £6,360.08 per annum, payable quarterly at £1,590.02.
Unit 2 contributes 14.11% towards the building service charge, covering building maintenance, insurance and sinking/reserve fund contributions.
RATEABLE VALUE
Our inspection of the rating list shows the following assessment for the subject property:
Rateable Value £ 24,750.00
Rates Payable (2026/2027) £ 12,424.50.
The current annual rates payable for the period 2026/27 is based on the UBR multiplier of £0.502, however, we strongly advise all interested parties they must rely on their own enquiries of the Local Authority on 029 20 871491/2 to confirm the above figures and in some instances some relief may be applied.
ENERGY PERFORMANCE CERTIFICATE
The subject property has an EPC rating of:
Energy Efficiency Rating : D : 91
Copy certificate available on request
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction
VAT
In accordance with the Finance Acts of 1989 and 1997, VAT will be applicable to the purchase price. Prospective purchasers are advised to determine the VAT implications prior to entering into any agreement.
ANTI-MONEY LAUNDERING
The successful purchaser will be required to provide the necessary information to comply with Anti-Money Laundering (AML) regulations.
FEATURES- Unique Grade II listed building in central Cardiff Bay
- Long leasehold – approximately 103 years remaining (subject to verification)
- Extensively refurbished, modern office accommodation
- Air-conditioned machine/server room and established IT/security infrastructure
- May be suitable for a variety of uses subject to the necessary consents
- Office furniture and equipment may be available by separate negotiation to offer turnkey office accommodation
