Showroom ... - Fletcher Morgan

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Prominent Restaurant / Bar / Office / Showroom Opportunity * Cardiff City Centre * Close proximity to Civic Centre and Cardiff University

29 Park Place Cardiff CF10 3BA

Location The property is located on the eastern side of Park Place within 5 minutes’ walk of the principle shopping thoroughfares of Queen Street and St. David’s Centre within Cardiff City Centre. Public transport facilities are available within the immediate area. Occupiers in the immediate vicinity include Cardiff University, Cardiff Museum, Barrister’s Chambers, offices, crèche, Art Galleries, student accommodation and the Civic Buildings including City Hall and the Welsh Government office. Description A Victorian four storey semi-detached building previously operated as restaurant / bar. Internally the property comprises an open plan bar/dining area, with kitchen and conference facilities to the first floor and self-contained two bedrooms flat to the second floor.

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Premises Licence for on/off sales Monday to Sunday 10:00 to 04:00 with provision of regulated entertainment and late-night refreshments (a copy of the Licence is available upon request). Central Heating. Female, Male and Disabled Toilets. Conference/Meeting Room facility. Two Bedroom Manager’s Flat. Enclosed Rear Courtyard/Car Park.

Accommodation The property is arranged on four levels as follows: m2

ft2

56.39

607

212.00

2,282

First Floor – Kitchen and Function Room

73.85

795

Second Floor – 2 Bed Flat

62.89

677

405.13

4,361

Basement/Cellar Toilets Ground Floor – Open Plan Bar/Restaurant Showroom

Total

Tenure Available by way of a new Full Repairing and Insuring lease incorporating 5 yearly upward only rent reviews. Alternatively, the freehold may be available. Rental £40,000 per annum exclusive. Rates Rateable Value – £81,500 (under appeal). Rates Payable (2017/2018) – £40,668.50 pa. V.A.T. All figures quoted are exclusive of V.A.T. where applicable. Energy Performance Rating The property has an energy performance rating of C74.

Features include: ❖

Fixtures and Fittings Bar and kitchen equipment by separate negotiation.

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

Viewing and Further Information To arrange a viewing please contact: [email protected] [email protected]

“Fletcher Morgan (and its subsidiaries and their joint agents where applicable) for themselves and for the vendors or lessors of this property for whom they act, give notice that: (i) these particulars are a general outline only, for guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) Fletcher Morgan cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy; (iii) no employee of Fletcher Morgan (and its subsidiaries and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property ; (iv) rents quoted in these particulars may be subject to VAT in addition; (v) Fletcher Morgan (and its subsidiaries where applicable) will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and (vi) the reference to any plant, machinery, equipment, services, fixtures or fittings at any property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such for their requirements. 12/01/2018