LOCATION

City Road is one of the busiest shopping streets in Cardiff, with a very high volume of foot and vehicle traffic and only 10 minutes from Cardiff City Centre. City Road comprises a mix of both local and national retailers in the immediate vicinity, including Tesco, William Hill, Subway and J.D. Wetherspoon.

DESCRIPTION

The lease is for the whole building, comprising a large and very well presented ground floor restaurant and takeaway, and four self-contained studio flats with separate entrance.

The restaurant and bar area is very large, offering approximately 1,700 sq. ft. (158 sq. m.) of space, with around 100 covers at present. The restaurant is fully licensed for the sale of alcohol.

The restaurant is currently trading 7 days a week with a very high turnover, and all of the fixtures, fittings, professional catering equipment, and furniture in the restaurant are included in the lease.

To the rear of the restaurant is the large fitted and equipped commercial kitchen, with access to the first floor where there are three storerooms and built-in cold room.

The four studio flats are all let, with a combined rent of £2,600 PCM.

The new tenant will have the option of taking the lease for the whole building and benefitting from the rental income from the four flats, or taking a lease for the restaurant/bar only at £35,000 per annum.

AVAILABILITY

The property is available to let immediately via a new lease.

QUOTING RENT

£5,000 PCM (Whole Building Lease) or £2,917 PCM (Restaurant/Bar Only)

PREMIUM

Details on request, and inclusive of all fixtures, fittings, equipment, and furniture.

DIMENSIONS

The commercial premises provides the following approximate areas and dimensions:

Restaurant Area: 1,700 sq. ft. (158 sq. m.)

Commercial Kitchen: 495 sq. ft. (46 sq. m.)

Storeroom 1 with built-in cold room: 172 sq. ft. (16 sq. m.)

Storeroom 2: 102 sq. ft. (9.5 sq. m.)

Storeroom 3: 54 sq. ft. (5 sq. m.)

Customer Toilets

PLANNING

The property benefits from A3 use as a restaurant and takeaway, however alternative uses will be considered subject to a planning change of use being granted.

EPC RATING

Restaurant - Pending

Flats 1-4 - C

For further information, or to arrange a viewing, please contact our office at 209 Penarth Road, Cardiff.