- 2,959 sqft (275 sqm)
- To let
- £70,000 per Annum
The premises is located in a prominent position on the pedestrianised section of High Street and in close proximity to both Cardiff Castle and the Principality Stadium. High Street is now considered to be a popular niche leisure area within Cardiff city centre with nearby occupiers including The Alchemist, Zizzi’s Italian Restaurant, Pizza Express and Turtle Bay, alongside a number of independant restaurant and bar operators.
The premises is situated in close proximity to the new Church Street development which is scheduled for completion later this year with pre-lets agreed with The Botanist, Pho, Mowgli Street Food and Honest Burgers which will further enhance the popularity of this immediate area within Cardiff city centre.
The available premises is to be organised over two floors. The ground floor retail space is accessed directly from High Street with further accommodation located in the basement.
The premises is available via a new lease on effective and repairing and insuring terms, for a term to be agreed.
Quoting rent £70,000 pax
In addition, there is an option to also lease the three upper floors which comprise in total 5,383 sq ft
The 2017 rateable value for the premises is
Rateable value £45,482
Rates payable £23,924
Please note that the premises will need to be re-rated following redevelopment works to the upper floors. Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
The premises provides the following approximate areas and dimensions:
Internal Width 9.12 m 21 ft 9 ins
Shop / Built Depth 32.66 m 107 ft 10 ins
Ground Floor Sales 274.90 sq m 2,959 sq ft
Basement 53.33 sq m 574 sq ft
The premises is elected for VAT
D - 100
Each party to bear its own legal costs in dealing with this transaction.
Our enquiries at the local Planning Authority indicate that the premises benefits from A1 use however other uses including A3 will be considered subject to a tenant obtaining all necessary planning consent. The premises is Grade ll listed.
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.