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Lloyds Bank, 1-4 Wellfield Road, Cardiff CF24 3PJ

Offers in Region of
£775,000

£233.29 per sq ft

Business rates & charges may apply

Fletcher Morgan Consultants Limited, Cardiff
SIZE AVAILABLE

3,322 sq ft

309 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Investment Property. Whole occupied by Lloyds Bank since 1986
  • Seeking offers of £775,000 Tenure Long Leasehold subject to the occupational leases
  • Term of 999 years from 3rd September 2002 at a peppercorn rent

Description

Cardiff, the capital city of Wales, has a population of some 485,000 and is a thriving retail and commercial centre. The property is located on Wellfield Road, 1 mile north west of Cardiff City Centre, close to its junction with Albany Road. Occupiers in Wellfield Road include Caffe Nero, Tesco Express, HSBC, Subway, Greggs, Coffee #1, and Lloyds Pharmacy amongst many local retailers.

The property is arranged on ground and one upper floor to provide a ground floor banking hall with first floor staff and ancillary accommodation.

Lloyds Bank have been in occupation since 1986. The year ended 31st December 2023, Lloyds Banking Group Plc reported a turnover of £51,253,000,000, pre-tax profit of £7,503,000,000 and a net worth of £38,858,000.

We are advised the property has been elected for VAT and it is anticipated the transaction will be treated as a Transfer of a Going Concern (TOGC).

What3Words stir.salsa.wheels

Energy Performance Certificates

EPC

Brochures

Lloyds Bank, 1-4 Wellfield Road, Cardiff CF24 3PJ

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cathays Station0.7 miles
  • Cardiff Queen Street Station0.9 miles
  • Cardiff Central Station1.4 miles

About Fletcher Morgan Consultants Limited, Cardiff

Park Place, Cardiff, CF10 3BA

Notes

These notes are private, only you can see them.

Disclaimer - Property reference FM25033. 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 Fletcher Morgan Consultants Limited, 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.

Map data ©OpenStreetMap contributors.

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