Restaurant For Sale

Report 0 Downloads 94 Views
Café Bar/Restaurant For Sale

Former Big Windsor Public House Stuart Street Cardiff Bay CF10 5BW 25 Park Place, Cardiff CF10 3BA

www.fletchermorgan.co.uk

029 2037 8921

Location

Rates

Cardiff is the Capital City of Wales, 45 miles west of Bristol, 42 miles east of Swansea and 155 miles west of London.

The current Rateable Value of the property for the period 2018/19 is based on UBR multiplier of £0.514p. The Rates Payable for 2018/19 are as follows:

The property is located at the heart of Cardiff Bay and the most successful regeneration projects in Europe attracting £1.64billion of public and private investment. Cardiff Bay is approximately 1 mile to the south of the City Centre and today comprises: • • • • • • • •

Over 10,000 homes with a further 4,000 proposed. The Senedd – Welsh Parliament. Wales Millennium Centre attracting an average of 1.5million visitors per year. Capital Waterside – 400,000 sqft of offices. St Davids Hotel & Spa – 140 rooms. 38 acre Porth Teigr development with potential for 1million sqft. Mermaid Quay 150,000 sqft prime leisure scheme with over 40 café bars and retail. Techniquest attracting 80,000 visitors per year (as per 2016).

The subject property is located in a prominent position on Stuart Street adjacent to Bills Restaurant, Mermaid Quay, The Mount Stuart Public House (JD Wetherspoons).

Rateable Value GF/ Basement £48,000 Upper Floors £29,000

Rates Payable £24,672 £14,906

Interested parties to rely on their own enquiries to relevant Local Authority Rates Department.

VAT All figures quoted are exclusive of V.A.T. where applicable.

Energy Performance Certificate Energy Performance Certificate available on request.

Costs Each party is to bear their own legal and professional costs incurred in the transaction.

Accommodation These areas are subject to on site verification in accordance with the latest RICS Code of Measuring Practice. Size (sq ft)

Size (sq m)

Description

Ground Floor

2,194

203.82

The subject property is a Grade II Listed Building originally the Big Windsor House, which was refurbished during the 2000s.

First Floor

2,194

203.82

Second Floor

2,194

203.82

The property has more recently traded as a restaurant, on ground and first floor with second floor staff/office accommodation and basement cellar.

Basement

Circa 1,000 (TBC)

92.90 (TBC)

7,582

704.36

Terms Freehold with vacant possession. Price on application.

Floor

Total

All areas have been measured from plans. Further Information 029 2037 8921 Richard Ryan | [email protected] Matthew Jones | [email protected]

Fletcher Morgan and the Vendor / Landlord take no responsibility for any error, mis-statement or omission in these particulars. Measurements are approximate and for guidance only. These particulars do not constitute any offer or contract and neither Fletcher Morgan nor anyone in their employ have any authority to make any representation or warranty in relation to the property. 25/04/2018

@FletcherMorgan