Merola's Italian Restaurant, Clare Road, Grangetown, Cardiff

*EXCELLENT INVESTMENT OPPORTUNITY*

*LARGE GROUND FLOOR RESTAURANT*

*POSSIBILTY TO CREATE THREE SELF-CONTAINED FLATS*

Hafren Properties are pleased to offer you this freehold investment property in Clare Road, Cardiff, comprising a large ground floor licensed restaurant, and two spacious upper floors with the possibility to create three self-contained flats.

LOCATION

Clare Road is a busy shopping street with a very high volume of foot and vehicle traffic, and only 10 minutes from Cardiff City Centre and Cardiff Bay. This prominent corner property is located very near the junction of Penarth Road, Corporation road and Clare Road, with a mix of both local and national retailers in the immediate vicinity, including Tesco, Subway, Ladbrokes and Brutons.

A large and very well presented established licensed ground floor restaurant offering approximately 1,055 sq. ft. (98 sq. m.) of space. The restaurant is split into three seating areas, with a further bar area and commercial kitchen, and also benefits from a basement accessed from the kitchen. The restaurant is fully licensed for the sale of alcohol, with a licence until 2am.

The first and second floors of the building currently comprise five large rooms, plus ladies and gents toilets, and could be converted to create three self-contained flats or a HMO with the correct permissions. The property benefits from the main front entrance plus two side entrances, making it easier to separate the upper floors for residential use.

GROUND FLOOR LICENSED RESTAURANT

Front Seating Area

19' 2" x 16' 6" (5.85m x 5.05m)

Middle Seating Area

26' 1" x 10' 4" (7.95m x 3.18m)

Rear Seating Area

15' 4" x 10' 3" (4.69m x 3.15m)

Commercial Kitchen

39' 7" x 5' 3" (12.11m x 1.6m)

FIRST FLOOR

Room 1

10' 5" x 10' 5" (3.2m x 3.2m)

Room 2

13' 5" x 10' 2" (4.1m x 3.1m)

Room 3

16' 7" x 13' 8" (5.1m x 4.2m)

Ladies Toilets

8' 9" x 7' 5" (2.7m x 2.3m)

Gents Toilets

9' 8" x 7' 2" (3m x 2.2m)

SECOND FLOOR

Room 1

16' 4" x 13' 8" (5m x 4.2m)

Room 2

14' 4" x 10' 2" (4.4m x 3.1m)

This exceptional property provides an opportunity for the new owners to run a business or let the restaurant, and offers excellent mixed use investment potential, with the option to convert the upper floors to flats or HMO.

EPC C

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