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A3 Retail/Office Unit, 20 James Street

£240,000
MGY, Cardiff
PROPERTY TYPE

Retail Property (out of town)

SIZE

910 sq ft

85 sq m

Description

LOCATION
The property is situated within the heart of Cardiff Bay with prominent street frontage to James Street (A4119), within close proximity to Cardiff Bay Train Station, Mount Stuart Square, The Atlantic Wharf Red Dragon Cinema/Restaurants/Leisure complex, Welsh Assembly Buildings, Wales Millennium Centre plus Mermaid Quay Waterfront with its numerous bars and restaurants.

Cardiff City Centre is approximately 1 mile to the north. There is swift access to the M4 via the A4232 Link Road.

DESCRIPTION
20 James Street is a two storey terraced commercial property currently fitted out as an A3 café unit to the ground floor with additional open plan seating/office area plus separate office to the first floor.

The property benefits from floor to ceiling UPVC glazed shop front inset spot and drop lighting, air conditioning units, exposed brickwork internally, wood flooring, commercial kitchen, stores and W.C. facility.

The property may be suitable for a variety of uses(subject to the necessary consents)

ACCOMMODATION
The accommodation briefly comprises:

Sq M (Sq Ft)

Ground Floor

Cafe/Retail Area 38.38 (413)
plus WC Facility, Kitchen and Stores unmeasured

First Floor
Open plan Office/Seating Area 33.09 (356)
Office 13.15 (141)

Total 84.62 (910)

TERMS
Freehold with vacant possession (The current tenant has expressed their wish to stay in occupation should this be of interest to any potential purchaser).

OUTGOINGS
Our inspection of the rating list shows the following assessment for the subject property:-

Rateable Value £ 9,500.00
Rates Payable (2024/2025) £ 5,339.00

The current Rateable Value of the property for the period 2024/25 is based on UBR multiplier of £0.562, however, we strongly advise all interested parties they must rely on their own enquiries of the Local Authority on /2 to confirm the above figures and in some instances some relief may be applied.

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.

Brochures

20 James Street

Energy Performance Certificates

EPC 1

A3 Retail/Office Unit, 20 James Street

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cardiff Bay Station0.2 miles
  • Cardiff Central Station0.9 miles
  • Grangetown Station1.0 miles
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About MGY, Cardiff

Column Buildings, 13 Mount Stuart Square, Cardiff, CF10 5EE
Industry affiliations:
About MGY sales - Cardiff Bay

For the best of the city, the countryside and the coast.

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Notes

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Disclaimer - Property reference 101298024889. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by MGY, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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