Cathays Terrace Cardiff

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£9,600

Situated fronting Cathays Terrace in the Cathays area of the City. This lock up shop/offices occupies a corner position and offers flexible accommodation. The property is available via a new repairing and insuring Lease and covers some 47 m² (506 ft ²). Viewing Highly Recommended.

Lock Up Shop
Corner Position
Great Location
47 m² approx
506 ft² approx.
New Lease Available

Property description
Map
Location

The property is located fronting Cathays Terrace in the Cathays area of Cardiff. Cardiff University is a short distance away.

Description

The premises comprise a lock up corner shop / office unit in this sought after location. The unit covers some 47m² (506 ft²) and has a prominent frontage. It is currently being used as offices but would suit a number of other uses.

The premises is wedge shaped, narrowing as you get to the rear. There is a front office / retail area with suspended ceiling, lighting, laminate flooring, power points, telephone points and a glazed frontage with access door. The rear room could be used as an office or store room and comprises of suspended ceiling with lighting, power points, telephone points, window to rear, kitchenette with sink and doors to the ladies and gents WC.

Viewing

Strictly by appointment, please call 029 2039 7152 to arrange an appointment.

Rateable Value

We have checked with the Local Authority and they have informed us that the Rateable Value of the property is £5,800 for the year 2017 using the multiple for 2017 (0.499p in the pound). We have calculated the Business Rates to be £2894.20. We have been informed that this property benefits from Business Rates Relief and would suggest that this is verified prior to taking the Lease.

Bond

The Landlord requires a Bond of £2,400 upon signing the Lease.

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