109 St. Mary Street, Cardiff, South Glamorgan
Cardiff, CF10 1DX

  • map
Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311
Ella Jefferies

The Agent

Ella Jefferies
Surveyor

02920 346316

Specification

  • RETAIL, LICENCED AND LEISURE
  • 2,407 sqft (224 sqm)
  • To let
  • £45,000 per Annum

Description

LOCATION

The property is located in a prominent position on St Mary Street, a well established leisure location within Cardiff City Centre. There are a mix of uses in the nearby vicinity, mainly including other A3 occupiers and leisure uses. Directly opposite is House of Frazer, adjacent occupiers are KFC and Chicken Cottage and other occupiers in the nearby vicinity include McDonalds, Tesco Express, Sainsburys and Greggs.

DESCRIPTION

The property is arranged over ground floor and basement with access provided to the right hand side of the unit. The property is a listed building and numerous internal walls separate the ground floor area into separate rooms. The unit can be opened up subject to the necessary planning consent being obtained. The basement is accessed internally from the ground floor.

TERMS

The property is available via a new lease on effective full repairing and insuring terms for a term length to be agreed at a quoting rent of:

Quoting rent £45,000 pax

RATEABLE VALUE

The 2017 Rateable Value for the property is:

Rateable value £34,750
Rates payable (2017/18) £18,279

Interested parties are encouraged to make their own enquiries with the
Local Rating Authority.

ACCOMMODATION

The property offers the following approximate areas and dimensions:

Ground Floor (GIA) 105.07 sq.m 1,131 sq ft
Basement 118.54 sq.m 1,276 sq ft

VAT

TBC

PLANNING

The property currently benefits from A3 planning. Further details can be
provided upon request.

EPC RATING

G - 237

LEGAL COSTS

Each Party to bear their own legal costs in dealing with this transaction.

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

Bob James, Aerfin