125 Bute Street, Cardiff, South Glamorgan
Cardiff, CF10 5AE

  • map
Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311
Brochure

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Specification

  • RETAIL
  • 954 sqft (89 sqm)
  • To let
  • £12,000 per Annum

Description

LOCATION

The property is prominently positioned on the corner of Bute Street, which runs parallel with Lloyd
George Avenue with good access to Cardiff City Centre and Cardiff Bay. Cardiff Bay train station is
in the immediate vicinity. Occupiers in the immediate area comprise office accommodation with
national and local retail and leisure operators situated in Cardiff Bay a short walk away.

D E S C R I P T I O N

The building is a three storey building constructed of a mix of brick and stone under a pitched roof. The bank occupies the basement and ground floor. The building has timber sash windows on the ground floor elevations. The ground floor consists of the main banking hall, cashier area, interview
rooms and the bank managers office. The basement is where the strong room, safes and staff toilets are located.

T E R M S

The property is available on the basis of a sub lease or assignment of the
existing lease until expiry on 23rd June 2026.

Passing rent £12,000 pax

RATEABLE VALUE

The 2017 Rateable Value for the property is:-
Rateable value: £10,500
Rates payable: £5,555

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

ACCOMMODATION

The property provides the following approximate areas and dimensions:

Ground floor sales 88.69 sq m 954 sq ft
Basement 29.32 sq m 315 sq ft

PL A N N I N G

Enquiries with the Local Planning Authority indicate that the ground floor has the benefit of planning permission for Class A1 and A2 uses. Alternative uses will be considered subject to planning.

A N T I M O N E Y L AU N D E R I N G R E G U L AT I O N S

In accordance with the current Anti-Money Laundering (AML) Regulations, the purchaser/occupier will be required to satisfy the Vendor and their agents regarding the source of the funds used to complete the transaction.

VAT
TBC

EPC RATING
E - 123

LEGAL COSTS

Each party to bear its own 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.

Barclays have a long standing relationship with Cooke & Arkwright who continue to provide us with first class service and advice.

Steve Thomas, Director Real Estate Team, Barclays, South West and Wales