47 Westgate Street, Cardiff
Cardiff, CF10 1TL

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Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311
Huw Thomas

The Agent

Huw Thomas
Director

02920 346312
Brochure

Download the Brochure

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Specification

  • RETAIL
  • 741 sqft (69 sqm)
  • Under Offer
  • £25,000 per annum

Description

LOCATION: The premises is located on the southern end of Westgate Street with both the new Central Square development (home to the BBC Wales) and Principality Stadium being a short walk away. The new Parkgate Hotel is opening in Autumn 2021. A mixture of leisure, office and retail users are situated nearby including Brewdog, Queens Vaults, Zero Degrees and O’Neills.

DESCRIPTION: The premises comprises a ground floor sales area with office/ancillary space to the rear and basement. Access is provided directly from Westgate Street.

TERMS: The premises is available to let via a new lease for a term to be agreed, on effective full repairing and insuring terms.

Quoting Rent - £25,000 pax RATEABLE VALUE: The 2017 Rateable Value for the unit is: Rateable value: £35,500 Rates payable: £18,993 Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

VAT: The premises has been elected for VAT and therefore VAT is payable on the rent.

ACCOMODATION: Ground Floor Sales 36.6 sq m 394 sq ft Ground Floor Office 32.64 sq m 347 sq ft Basement 91.32 sq m 983 sq ft Gross Frontage 6.23 m 20 ft 05 in Net Frontage 5.09 m 16 ft 08 in Shop Depth 6.52 m 21 ft 04 in Internal Width 5.69 m 18 ft 08 in PLANNING: We understand that the premises benefits from A1 use however other uses will be considered subject to the tenant obtaining necessary planning consent.

EPC RATING: D- 87 LEGAL COSTS: Each party to bear its own costs in dealing with this transaction.

The specification includes;

  • Prominent A3 Unit
  • Established Restaurant/A3 Pitch
  • Well configured, shell condition unit
  • Ground Floor Only
  • C. 1,000 sq. ft
  • New shop frontage installed-premiums sought

Viewings

Strictly by appointment with sole agents Cooke & Arkwright.

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