Retail premises to let in Cowbridge Road East, Cardiff CF5, £16,000 pa

16,000.00 per month

Offer Nr.:
57105761
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
DTR Surveyors
Phone(s):
029 2227 9926

* Parking
* Virtual Tour Available
* Unfurnished
Location
The property occupies a highly prominent and visible position fronting onto
Cowbridge Road East, benefitting from a very high volume of footfall & passing
traffic. Cowbridge Road East is a main arterial route leading to the City
Centre via the A4161. Hamilton Court benefits from being situated close to
local transport links and is approximately one mile from the City Centre. The
surrounding area comprises a mixture of local businesses & residential whilst
Tesco Express is just a short walk away.
Accommodation
The ground floor unit benefits from double shop frontage onto Cowbridge Road
East and could potentially be used as either retail or office accommodation.
Internally, the unit is presented generally in good condition and provides the
following approximate floor areas & dimensions: -
Ground Floor Sales: 87. 28 sq. m / 940 sq. ft
Rear Ancillary/Kitchen: 17. 87 sq. m / 192 sq. ft
Total NIA: 105. 19 sq. m / 1, 132 sq. ft
Staff kitchen & WC facilities are located towards the rear of the ground
floor.
There is to be 2 parking spaces included at the rear of the property.
Planning
It is believed the retail unit benefits from A1 use only.
Lease Terms
New lease terms to be agreed, subject to an effectively full repairing and
insuring lease.
Rent
£16, 000 pax
Legal Costs
Each party is to be responsible for their own legal and professional costs
incurred in this transaction.
**EPC**
Available upon request
vat
It is understood that VAT is applicable to the annual rent.
Service charge
To be confirmed.
Rateable Value
£16, 000 (April 2023)
ubr: 0. 535 (2023/2024)
Rates Payable (2023 - 2024**): C. £2, 140 pa
**The Welsh Government will provide grant funding to provide the Retail,
Leisure and Hospitality Rates Relief scheme to eligible businesses for
22023 - 24. The scheme aims to provide support for eligible occupied properties
by offering a discount of 75% on non - domestic rates bills for such properties.
Relief will be granted to each eligible business as a reduction to its non -
domestic rates bill based on occupation between 1st April 2023 and 31st March
2024.

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