Property Information
Address:
69 - 71 Richmond Road, Cardiff
, CF24 3AR
Price: Property no longer available.
Size: 7395 sq ft687 sqm
Primary Category: Hotel
All Categories:
Investment, Leisure, Hotel, Bed And Breakfast,
Property Ref/Movehut: MH605659
Property Ref/Agent: DHRRHotel
*Please use the agent ref when calling the agent directly.
Property description
35 Guest Room Hotel: Langdon's is a traditional family run hotel situated in a most convenient and sought-after position on Richmond Road. This substantial hotel, with 35 guest rooms, circa 7395 sq. ft., is newly available as a Freehold purchase, and offers immense potential for further development, subject to necessary planning and consents.
Cardiff is an extremely accessible city, benefiting from excellent road, rail and air communications. Using the hourly high-speed train service, London is reached within two hours. It has convenient connections to Heathrow and Gatwick airports and the city also benefits from its own international airport. The city is served directly by the M4 motorway providing fast links to the rest of the UK. The property is located on a well-regarded, tree-lined avenue, being just 0.5 mile from Cardiff City Centre.
Cardiff is the capital of Wales and its largest city. It has a distinctive character with an excellent quality of life and an international reputation. Many national cultural and sporting institutions are based in Cardiff, including the National Museum of Wales and the Millennium Stadium. Cardiff Castle sits in the centre of the city, bordered on one side by beautiful parkland and on the other by excellent shops, restaurants and nightlife. The waterfront area at Cardiff Bay is home to the Welsh Assembly and the Wales Millennium Centre arts complex.
Cardiff's population is predicted to rise dramatically in the next two and a half decades, according to an analysis of census data. The Welsh capital is expected to grow by nearly a third (32.7%) by 2036 – by far the biggest of any of Wales’ increases expected by Welsh Government statisticians. The prospect of Cardiff’s population soaring from its 2011 census level of 345,400 to 458,400 will clearly place heavy demands on future housing capacity.
Cardiff is a University City, founded in 1883, Cardiff University is established as one of Britain's leading research universities. The university is the acknowledged leader of higher education in Wales.
In recent years a wide range of companies have moved to or expanded their operations in Wales, in part thanks to the UK Government's regional policies. Much of this inward investment is from companies including the USA, Europe and the Far East, particularly Japan and Korea, providing jobs for over 25% of the labour force. Major international corporations that have located successful operations in South Wales include Ford, Sony, Panasonic and Northern Telecom. In 1998, when Britain hosted the European Summit, Cardiff was chosen as the main venue, receiving heads of state and delegates from the EU's fifteen member countries, reflecting its increasing national and international reputation as a progressive and ambitious capital city and the ideal investment location.
Please note we will require confirmation of funds prior to scheduling an appointment for viewing. If so required, we can arrange an initial consultation with our commercial mortgage advisor.
;