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Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A
Key Features:
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 209 Penarth Road, Grangetown, Cardiff, CF11 6FR
Full Description: **INVESTMENT OPPORTUNITY**
Hafren Properties are pleased to offer you this investment property comprising a large ground floor restaurant with garden, and two self-contained flats in Whitchurch Road, Cardiff.
The property is located in the heart of Heath within easy walking distance of the University Hospital and with shop and amenities on the doorstep, and conveniently situated for access to the City Centre and M4/A470.
The property comprises two adjoining buildings and each flat has it's own separate entrance on Whitchurch Road. The ground floor commercial and both flats are let and further details are below.
Ground Floor Restaurant:
The property comprises a large and well presented ground floor restaurant and takeaway offering approximately 1350 sq. ft. (125 sq. m.) of space.
To the rear of the restaurant is a large fully fitted and equipped commercial kitchen, staff office, and customer toilets.
The property benefits from a large enclosed garden laid to patio and decking, allowing for additional outdoor seating.
The restaurant is let under a new 5 year commercial lease and the current rent is £20,000 per annum.
The property provides the following approximate areas and dimensions:
Restaurant Area: 1350 sq. ft. (125 sq. m.)
Commercial Kitchen: 345 sq. ft. (32 sq. m.)
Staff Office: 242 sq. ft. (22.5 sq. m.)
Customer/Staff Cloakrooms: 175 sq. ft. (16 sq. m.)
EPC D
Flat 1
Spacious two bedroom self-contained flat with private entrance from Whitchurch Road, comprising lounge/dining room, fitted kitchen, two double bedrooms, bathroom.
The flat is currently let at £700 PCM.
EPC pending
Flat 2
Spacious one bedroom self-contained flat with private entrance from Whitchurch Road, comprising lounge/dining room, fitted kitchen, one double bedroom, bathroom.
The flat is currently let at £705 PCM.
EPC D
The rent for both flats is below market rates, and with some refurbishment work these rents could be substantially increased.
For further information or to arrange a viewing please contact our office at 209 Penarth Road, Cardiff.
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