Postans Bakery, 102 Wentloog Road, Cardiff
, CF3 3EA
Price: Rent: £12,000 Per Sqft Sale Price : £210,000
Size: 1421 sq ft132 sqm Primary Category: Shop All Categories:
Leisure, Shop, Property Ref/Movehut: MH295185 Property Ref/Agent: Postans Bakery, 102 Wentloog Road, Rumney, Cardiff, CF3 3EA
*Please use the agent ref when calling the agent directly.
A rare opportunity to acquire by outright purchase or lease a well located ground floor retail premises with self contained residential accommodation to the upper floor. The property represents a good redevelopment opportunity subject to the necessary consents.
This was a well established business which has served the Local Community for many years
The property is in a small parade of shops on Wentloog Road in the older west Cardiff suburb of Rumney. Close to all local amenities and situated centrally to a large residential population.
The premises comprise a two storey semi detached unit with side and rear extensions and roof space Conversion.
The ground floor provides for retail/commercial use and the upper floors accommodate a self contained residential maisonette.
The property comprises the following:-
Ground Floor -
Bakery with sales area,
Kitchen and store room 85 sq m 9 sq
Coffee shop with ovens and kitchen 47 sq m 5 sq ft
Net Internal Area 132 sq mt 14 sq
Small rear yard
The property is available to be sold Freehold with vacant possession together with all fixtures and fittings for £210,000 (Two Hundred And Ten Thousand Pounds)
The property is available by way of a new lease for a term to be agreed for the ground floor commercial/retail area at a rent of £12,000 (Twelve Thousand Pounds) per annum.
The residential flat will be left under an Assured Shorthold Tenancy for £8,000 per annum (Eighty Thousand Pounds) per annum.
Total Annual Rent £20,000 (Twenty Thousand Pounds)
Each party to bear their own legal costs incurred in the preparation of the agreement and assignment of the Lease. Any costs incurred by the Landlord will need to be paid by both parties.
First Floor Residential
Second Floor Residential
We are informed that the Rateable Value of the property is £7,900 with Business Rates payable of £3,412 per annum.
Interested parties are advised to verify this information by contacting the Local Rating Authority.
EPC for Postans Bakery, 102 Wentloog Road, Cardiff
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