Property Information
Address:
Ground Floor Restaraunt, 10 Mill Lane, Cardiff, CF10 1FL
, CF10 1FL
Price: Property no longer available.
Size: 2030 sq ft188 sqm
Primary Category: Shop
All Categories:
Leisure, Shop,
Property Ref/Movehut: MH594447
Property Ref/Agent: Ground Floor Restaraunt, 10 Mill Lane, Cardiff, CF10 1FL - 100011063
*Please use the agent ref when calling the agent directly.
Property description
The restaurant is located on Mill Lane which is one of the premier leisure locations in Cardiff City Centre. In close proximity to the Hayes and the St Davids 2 Shopping centre it offers a mix of restaurants and bars geared towards Cardiff's Night life.
Notable occupiers in the immediate vicinity include Las iguanas, Bills, Ask Italian, Côte Brasserie, Wagamama, Gourmet Burger Kitchen and Carluccio's.
DESCRIPTION
The restaurant forms part of a larger property. Access is provided via a
communal entrance which is set back from Mill lane.
The restaurant offers ground floor and first floor areas with ancillary
storage to the first and second floors.
The restaurant is currently fully fitted with fixtures and fittings available
subject to negotiation.
An area for external seating is available on Mill Lane subject to structuring
a separate agreement with the Local Authority.
TERMS
The restaurant is available by way of an assignment of the existing lease due to expire 25th September 2021 at a rent of £49,500 pax . Offers of premium are invited for the lease along with fixtures and fittings.
Alternatively a new lease is available, subject to terms.
RATEABLE VALUE
The 2017 Rateable Value for the property is:
Rateable value £52,500
Rates payable £26,198
Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
VAT
Vat will be payable on the rent
ACCOMMODATION
The Property offers the following areas (GIA):
Ground Floor
188 sq m
2,030 sq ft
First Floor
85 sq m
914 sq ft
Second Floor
85 sq m
914 sq ft
PLANNING
Our enquiries with the planning authority indicate that the property has A3 Restaurant use. Interested parties are encouraged to make their own enquiries with the Local authority.
EPC RATING
D-75
LEGAL COSTS
Each party to bear their own costs incurred in this transaction.
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