Under Offer

Restaurant for sale

Albany Road, Cardiff


Offers over
£299,950
S.O.A.

Features

  • A3 Commercial to GF
  • Business Unaffected
  • Excellent Income
  • Freehold Investment
  • Fully Let on FRI
  • Instant Income
  • Rare Opportunity
  • Recently Refurbished Throughout
  • Three Storey Building

Description

Fully Let Semi-Commercial Freehold with a particularly healthy income situated on bustling Albany Road. This three storey mid-parade property generates an excellent return and is newly available to investors looking for a no-hassle instant income. Highly recommended. Business unaffected.

The ground floor comprises an A3 bakery business, whilst the first and second floors provide three ensuite rooms and a kitchen.

The property is leased on a Fully Repairing and Insuring basis.

Income:
Currently £24,000.00 per annum until 02/07/2023 with uplift to £26,400 per annum from 03/07/2023. Further fixed uplifts in place.

Albany Road is a very busy shopping area with a comprehensive range of businesses including major chains such as Tesco, Sainsburys, The Post Office, Ramsdens, Home Bargains, Coffee #1, Greggs, Costa Coffee, etc., plus a range of bespoke independent traders, bars, and restaurants.

Please note
We understand this property is Freehold, though we advise this is verified any interested parties' legal representative.

Viewings
We will require confirmation of available funds Prior to arranging a fully accompanied viewing of the premises so as to minimise interruption of the business. Thank you for your understanding.

Categories

Restaurants
Call
Property reference
CP_897136B0F7_CS0176