6-8 Albany Road, Cardiff
Cardiff, CF24 3YW

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Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311
Brochure

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Specification

  • RETAIL
  • 1,566 sqft (145 sqm)
  • To let
  • £30,247 per annum

Description

LOCATION The property is located in a good position on Albany Road, one of the busiest suburban retail locations in Cardiff. Occupiers in the immediate vicinity include a mix of national and local operators including Iceland, Greggs and Tesco.

DESCRIPTION The property is a mid terraced building over ground and basement floors. The ground floor is partly glazed floor to ceiling and partly hard frontage with the upper floors being constructed out of stone.
The ground floor consists of the former main banking hall, strong room and ancillary office accommodation.

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 11th December 2027.

Passing rent £30,247 pax RATEABLE VALUE The 2017 Rateable Value for the property is:- Rateable value: £27,750 Rates payable: £14,263.50 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 145.53 sq m 1,566 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 D - 100 LEGAL COSTS Each party to bear its own costs in dealing with this transaction.

The specification includes;

  • £125,000
  • The Captiol Shopping Centre is well positioned within Cardiff City Centre on the pedestrianised Queen Street
  • The shopping centre benefits from a strong footfall of approximately 115,000 people per week.
  • Total Area: 31,149 sq ft

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.

Cooke & Arkwright have been providing Newport City Council with rating advice for over 20 years. Andrew, Jane and Huw provide a personal and professional service and have an excellent knowledge of the Council’s assets which has enabled the Council to achieve substantial rate savings. A useful service offered is the status report which provides us with a snapshot of what appeals have been made and appeals outstanding throughout the life of the List. I would recommend Cooke & Arkwright Rating Services to any company wishing to procure up-to-date and professional rating advice.

Eirian Jones, Estates Team Leader, Newport Norse