Lord Bute, 36 James Street, Cardiff, CF10 5EY

Offer in excess of

£400,000

Size

2,613.6

Tenure

Freehold

EPC

Parking

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Primary use
Pub

No floor / site plan

Key features

  • Freehold public house with vacant possession
  • Property arranged over ground, basement, first and second floor
  • Three bedroom managers accommodation at second floor
  • Prominent corner position along James Street
  • Guide Price: Offers in excess of £400,000 for our clients freehold interest with vacant possession
  • Short distance from Wales Millennium Centre within Cardiff Bay
  • Guide Rent: Offers invited for a new free of tie lease

Description

Description
The property is a detached three storey corner building, above basement, with painted front and side elevations beneath a multi-pitched tile roof.

Location
The property is located in Cardiff, 1.6 miles (2.6 kilometres) south of the city centre and 12.3 miles (19.8 kilometres) southeast of Newport.

The public house is situated fronting James Street (A4119) a main road leading to towards the Wales Millennium Centre which hosts music and cultural events such as the Welsh National Opera. The property is located 0.2 miles (0.3 kilometres) from Cardiff Bay Train Station which provides services to Cardiff Queen Street Station in approximately 10 minutes. The surrounding area is predominantly residential.

Accommodation
Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and benches for approximately 32 customers. Ancillary areas include customer WC’s and a managers office.

First Floor: The first floor comprises of an additional trading area accessed via a central stairwell which provides a separate bar servery with further seating for approximately 32 customers on loose tables, chairs and benches. Ancillary areas include a trade kitchen, three storage cupboards and a staff WC. In addition, there is an external trade terrace which provides seating on loose chairs and tables for 15 customers.

Second Floor: The second floor provides former manager’s accommodation, comprising three double bedrooms, a kitchen, bathroom and manager’s office.

Basement: The basement provides additional ancillary storage and beer cellar.

Tenure
The property is held freehold (Title Number WA672195) as outlined in red on the above promap.

Licensing
The property has the benefit of a Premises Licence which permits the sale of alcohol at the following times:
Friday - Saturday: 10am to 12:30am
Sunday - Thursday: 10am to 11:30pm

Planning
The property is not a listed building however, it is situated within the Mount Stuart Square Conservation Area and is located within a Flood Zone (Zone 3).

VAT
VAT will be chargeable in addition to the purchase price.

EPC
C - 57

Rateable Value
2023 - £11,250

Terms
We are instructed to invite offers in excess of £400,000 for our clients freehold interest with vacant possession. Alternatively, the property is available on a new lease on terms to be agreed.

Fixtures & Fittings
The fixtures and fittings are excluded from the sale and have since been removed from the property.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Viewings
For further information and all viewing requests please contact the sole selling agents Savills.

Photography
The photography was taken when the property was fully fitted however, the fixtures and fittings have since been removed.
Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
No
Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Lord Bute, 36 James Street, Cardiff, CF10 5EY

NEAREST STATIONS

National Rail

Cardiff Bay Station

0.19 miles

National Rail

Cardiff Central Station

0.85 miles

National Rail

Grangetown Station

0.93 miles

About Savills, Margaret Street - Licensed Leisure

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Disclaimer - Property reference 344741-1. 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 Savills, Margaret Street - Licensed Leisure. 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.