£525,000
(£216.77/sq. ft)
Restaurant for saleClare Road, Cardiff CF11
2,422 sq. ft
Added on
About this property
*excellent freehold 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 fully 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 and fully 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.
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