INVESTMENT OPPORTUNITY
Hafren Properties are pleased to offer you this investment property comprising a ground floor restaurant, and two self-contained flats in City Road, Cardiff.
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 Wetherspoon.
The ground floor restaurant and both flats are let and further details are below.
GROUND FLOOR RESTAURANT
The property comprises a well presented ground floor restaurant and takeaway offering approximately 500 sq. ft. (46 sq. m.) of space. The restaurant currently has around 30 covers.
To the rear of the restaurant area is a fully fitted and equipped commercial kitchen, and storeroom.
The restaurant is let under a commercial lease until March 2026 and the current rent is £16,800 per annum, with a rent review in March 2025.
Restaurant Area: 39' 92" x 12' 4" (12.17m x 3.78m)
Commercial Kitchen: 14' 96" x 11' 81" (4.56m x 3.6m)
Storeroom: 13' 68" x 4' 79" (4.17m x 1.46m)
EPC D
FLAT 1
One bedroom self-contained flat, comprising open plan lounge and fitted kitchen, one double bedroom, bathroom.
Lounge/Kitchen: 20' 14" x 8' 2" (6.14m x 2.5m)
Bedroom: 9' 71" x 8' 76" " (2.96m x 2.67m)
Bathroom: 9' 12" x 4' 79" (2.78m x 1.46m)
The flat is currently let at £675 PCM.
EPC D
FLAT 2
Two bedroom self-contained duplex, comprising open plan lounge and fitted kitchen, two double bedrooms, bathroom.
Lounge/Kitchen: 15' 32" x 13' 88" (4.67m x 4.23m)
Bedroom 1: 14' 34" x 13' 06" (4.37m x 3.98m)
Bedroom 2: 10' 27" x 7' 65" " (3.13m x 2.33m)
Bathroom: 8' 5" x 4' 76" (2.59m x 1.45m)
The flat is currently let at £1,000 PCM.
EPC D
For further information or to arrange a viewing please contact our office at 209 Penarth Road, Cardiff.