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Retail Property (high street) for sale

A3 Retail Unit Horizon, Prospect Place

Sold by Us £120,000
162 sq. m.

Property Description

Commercial information

  • 1,743 sq ft (162 sq m)

Full description

Tenure: Leasehold

LOCATION
Prospect Place is situated to the Ferry Road peninsular within the confines of Cardiff Bay. It adjoins the International Sports Village and approximately 3.5 km south of Cardiff City Centre.

There is swift access to both the M4 Motorway at Junction 33 and the City Centre via the A4232 Link Road. Other occupiers within the local area include Cardiff Bay Yacht Club, Morrisons Food Stores, Toys R Us, International Swimming Pool, Ice Rink and White Water Rafting Centre.

Prospect Place comprises a relatively new residential development comprising approximately 650 apartments already built with planning permission for a total of approximately 1000 units to the whole of the development. There are also a number of other new residential developments within the vicinity.

The available unit is situated to the Ground Floor within Block T of the development comprising a 19 storey residential block which has a waterfront location overlooking the Bay Path and Cardiff Bay.

DESCRIPTION
The subject property comprises a double height corner retail unit with A1/A3(Sales of Food and Drink on the premises) planning consent and will be built to developers shell specification.

A number of parking spaces will be made available.

ACCOMMODATION
Gross Internal Area:

162 SQ.M, (1,720 SQ.FT)
plus external space of some 125sq.m.(1,345 sq.ft)

TERMS
The unit is available by way of a 125 year lease.

OUTGOINGS
It is advised that interested parties make their own enquiries with the Commercial Rates Department on 029 20 871491/2.

VAT
All figures are quoted exclusive of V.A.T. where applicable.

LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.

SERVICE CHARGE
An annual service charge will be applicable. Further information can be provided upon request.

PARKING NOTES
A number of parking spaces will be made available.


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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Michael Graham Young, Cardiff Bay on 02920 465 466.


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