LOCATION

The premises is situated in the affluent area of Cyncoed within North-East Cardiff. The premises is within 5 miles of Cardiff city centre and train station.
The premises is within a mostly residential area and sits opposite an established parade of commercial units that include pharmacies, estate agents, dental practices and a recently established Co-op convenience store.

DESCRIPTION
The ground floor accommodation comprises a large retail area to the front with a new glass box extension and potential kitchen, WC and further ancillary storage located to the rear. Further ancillary storage accommodation is provided via the basement. The premises provides opportunity for a new
café/coffee shop or restaurant with the potential for an outdoor seating area to the front and rear of the premises. Other uses including retail will be considered.

BUSINESS RATES
Our inspection of the rating list shows the following assessment for the subject property.
Rateable Value: £14,250 (2023/24)

All businesses in Wales will benefit from the new rates support which includes freezing the non domestic rates multiplier (currently 0.562 which is times rateable values) for 2023/24. Eligible ratepayers will
receive 75% non domestic rates relief for 2023/24, a rise from the 50% relief provided in 2022/23
Please note the premises has recently undergone refurbishment and may require a business rates revaluation. Please contact the VOA for any enquiries.

EPC RATING
The EPC has a current energy rating of: D – 96

TENURE
The premises is available on new full repairing & insuring lease terms to be agreed

RENT
£30,000 per annum exclusive.

VAT
Please note the premises is VAT elected. Therefore, VAT will be payable in addition.

PLANNING PERMISSION
The property benefits from A3 use under the Town & County Planning Act 1990.

For all enquiries please contact;
Glanmor Chartered Surveyors
01792 439105
info@glanmorproperty.co.uk