Property photos
£25,000 pa
(£13.89/sq. ft. pa)
Restaurant to let
Cowbridge Road East, Cardiff CF111,800 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Severn Primary School 0.1 miles
- St Mary's R.C. Primary School 0.2 miles
- Ninian Park 0.4 miles
- Cardiff Castle Waterbus Stop 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Part furnished
Location
The property occupies a highly prominent and visible position fronting onto Cowbridge Road East, benefiting from a very high volume of footfall & passing traffic. Cowbridge Road East is a main arterial route leading to the City Centre via the A4161. The unit benefits from being situated close to local transport links and is approximately one mile from the City Centre. The surrounding area comprises a mixture of national and local independent established businesses & residential. The main public car park in Canton is located just opposite this property, which makes it ideally positioned.
Nearby retail occupiers include Card Factory, Home Bargains, Cake Box, Gloden and Greggs, whilst also a very popular location with established independent restaurants including Purple Poppadom, Calabrisella (with two sites trading here), Kimchi, Fizz n Flour and Fowl & Fury are due to open along here very shortly, amongst others.
Description
The property comprises a traditional 1900’s masonry-built end of terrace building.
The ground floor unit benefits from a return shopfront with frontage onto Cowbridge Road East and could potentially be used as either retail, restaurant/cafe or takeaway use due to benefitting from existing A3 use. The property benefits from the following approximate net internal areas (these areas are subject to on-site verification and are not to be relied upon).
Ground Floor NIA: C. 167.22 sq.m / c. 1800 sq.ft
There is a private rear car park at the rear of the property with a gated entrance, with shared parking between the retail unit and flat.
Planning
It is believed the retail unit benefits from A3 use – other retail uses will be considered subject to planning and covenant.
Quoting Rent / Lease Terms
Ground floor retail unit - £25,000 pax
New lease terms tba
Alternatively, our client will consider selling the freehold interest with offers invited in the region of £425,000, with any sale subject to the existing residential tenancy on the first floor.
Legal Costs
Each party is to be responsible for their own legal and professional costs incurred in this transaction.
Epc
New EPC has been commissioned
Vat
It is believed that the property is not elected for VAT
Ground Floor Rateable Value
£21,500 (April 2024)
ubr: 0.562 (2024/2025)
Rates Payable (2024-2025**): £12,083
**The Welsh Government will provide grant funding to provide the Retail, Leisure and Hospitality Rates Relief scheme to eligible businesses for 2024-25. Businesses will be eligible for 40% off their liability for the financial year. The amount of relief under the Welsh Government’s Retail, Leisure and Hospitality Rates Relief scheme will be capped at £110,000 per business across Wales. Please discuss with the Local Authority to check whether you are eligible for any rates relief.
The property occupies a highly prominent and visible position fronting onto Cowbridge Road East, benefiting from a very high volume of footfall & passing traffic. Cowbridge Road East is a main arterial route leading to the City Centre via the A4161. The unit benefits from being situated close to local transport links and is approximately one mile from the City Centre. The surrounding area comprises a mixture of national and local independent established businesses & residential. The main public car park in Canton is located just opposite this property, which makes it ideally positioned.
Nearby retail occupiers include Card Factory, Home Bargains, Cake Box, Gloden and Greggs, whilst also a very popular location with established independent restaurants including Purple Poppadom, Calabrisella (with two sites trading here), Kimchi, Fizz n Flour and Fowl & Fury are due to open along here very shortly, amongst others.
Description
The property comprises a traditional 1900’s masonry-built end of terrace building.
The ground floor unit benefits from a return shopfront with frontage onto Cowbridge Road East and could potentially be used as either retail, restaurant/cafe or takeaway use due to benefitting from existing A3 use. The property benefits from the following approximate net internal areas (these areas are subject to on-site verification and are not to be relied upon).
Ground Floor NIA: C. 167.22 sq.m / c. 1800 sq.ft
There is a private rear car park at the rear of the property with a gated entrance, with shared parking between the retail unit and flat.
Planning
It is believed the retail unit benefits from A3 use – other retail uses will be considered subject to planning and covenant.
Quoting Rent / Lease Terms
Ground floor retail unit - £25,000 pax
New lease terms tba
Alternatively, our client will consider selling the freehold interest with offers invited in the region of £425,000, with any sale subject to the existing residential tenancy on the first floor.
Legal Costs
Each party is to be responsible for their own legal and professional costs incurred in this transaction.
Epc
New EPC has been commissioned
Vat
It is believed that the property is not elected for VAT
Ground Floor Rateable Value
£21,500 (April 2024)
ubr: 0.562 (2024/2025)
Rates Payable (2024-2025**): £12,083
**The Welsh Government will provide grant funding to provide the Retail, Leisure and Hospitality Rates Relief scheme to eligible businesses for 2024-25. Businesses will be eligible for 40% off their liability for the financial year. The amount of relief under the Welsh Government’s Retail, Leisure and Hospitality Rates Relief scheme will be capped at £110,000 per business across Wales. Please discuss with the Local Authority to check whether you are eligible for any rates relief.
More information
Listed by
DTR Surveyors
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - DTR Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact DTR Surveyors for full details and further information.