Tweedsmuir Road, Cardiff(City), CF24

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: Cardiff Queen Street Station • Distance to Station: 1.2 miles

Agent Information: • Address: 209 Penarth Road, Grangetown, Cardiff, CF11 6FR

Full Description: Hafren Properties are pleased to offer you this investment opportunity comprising a mixed use commercial/residential property with planning permission for two additional self-contained flats in Tweedsmuir Road, Cardiff.

This corner property is located in an excellent position, only 10 minutes to Cardiff City Centre. There is a great selection of shops, restaurants and cafes in Tremorfa only a short walk away, and there are excellent transport links, with a regular bus stop on the doorstep.

At present the property comprises a large ground floor commercial unit with A3 consent, currently trading as a Chinese restaurant, and newly refurbished one bedroom first floor flat.  The shop and flat are both currently let with a combined rental income of £18,900 per annum, offering a 7.3% ROI.

The property is set on a large plot with land to the side and rear of the existing building, and there is planning permission for the construction of two further one bedroom flats.

The existing property comprises:

GROUND FLOOR COMMERCIAL UNIT

A3 commercial unit currently let under the terms of a commercial lease, and trading as a Chinese restaurant.

Restaurant/Café Seating Area: 510 sq. ft. (47.5 sq. m.)

Kitchen: 155 sq. ft. (14.45 sq. m.)

Pantry/Storeroom: 105 sq. ft. (9.7 sq. m.)

Cloakroom: 15 sq. ft. (1.4 sq. m.)

Current Rent: £750 PCM

EPC pending

NEWLY REFURBISHED ONE BEDROOM FIRST FLOOR FLAT

Open plan lounge and fitted kitchen

One double bedroom

Bathroom with bath and shower, wash hand basin and WC

Current Rent: £825 PCM

EPC D

The property has planning permission for single and two storey side and rear extension for two further one bedroom flats.

If you would like further particulars or to arrange a viewing for this property, please contact our office at 209 Penarth Road, Cardiff.