- RETAIL, LICENCED AND LEISURE
- 3,910 sqft (363 sqm)
- To let / For sale
- £37,500 per Annum / £500,000
City Road is based just 1 mile from the city centre of Cardiff. The road is a popular retailing thoroughfare and has recently become a hotspot for alternative A3 operators. The premises is located toward the South end of City Road, with nearby occupiers including Kaspas, Lilo Bar and Grill, Deli Fuego, William Hill, International Food Centre and The Ernest Willows Wetherspoons pub.
The premises is a two storey, mid terrace building of traditional construction with a pitched slate roof. Access is direct from City Road, with a fire escape at the rear onto Oakfields road. There is a single storey extension stepping out at the rear creating a large open plan ground floor sales area, with a number of storage and office areas located on the first floor.
The property is available for a term to be agreed on full repairing and insuring terms.
Quoting Rent £37,500 pax
Quoting Price £500,000
The 2017 Rateable Value for the property is:
Rateable value £23,250
Rates payable £12,229.50
Interested parties are encouraged to make their own enquiries with the local rating authority.
The property is not elected for VAT.
The property provides the following approximate areas and dimensions:-
Gross Frontage 10.46 m 34 ft 03 ins
Net Frontage 8.83 m 28 ft 11 ins
Shop Depth/Built Depth 36.45 m 119 ft 07 ins
Internal Width 10.14 m 33 ft 03 ins
Ground Floor Sales 363.00 sq m 3,907 sq ft
First Floor Ancillary 59.76 sq m 643 sq ft
We understand that the premises benefits from A1 use, however alternative uses will be considered subject to a change of use being granted.
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Each party to bear its 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.