54 Albany Road, Cardiff CF24 3RR - UNDER OFFER

Shop Unit

Lease For Assignment


Location

The property is situated on Albany Road, which is Cardiff's principle suburban shopping location.

Multiple retailers in close proximity include Blockbuster, Home Bargains, Boots the Chemist, Superdrug and Clinton Cards.

Description

The property comprises a ground floor shop unit with ancillary accommodation at first and second floor levels.

Accommodation

Internal Width 4.72m - 15ft 6in

Shop Depth 10.62m - 34ft 10in

Ground Floor Sales - 46.92m² - 505 sq.ft.

Ground Floor Storage - 19.97m² - 215 sq.ft.

First Floor - 48.96m² - 527 sq.ft.

Second Floor - 14.77m² - 159 sq.ft.

Lease Terms and Rent

The premises are held by way of a full repairing and insuring lease for a term of 15 years from the 7th November 2003 subject to 5 yearly upward only rent reviews.

The current passing rent is £20,750 per annum exclusive.

Rates

Our inspection of the rating list shows the following assessment for the subject property:-

Rateable Value £16,750.00

Rates Payable (2010/2011) £6,850.75

We recommend that interested parties make their own enquiries of the Local Authority (Tel: 029 2087 1508) to confirm the figures given above.

Viewing

Strictly by appointment through this office, contact:-

Philip Gwyther - Tel: 029 2034 7122

email: philip@ejhales.co.uk

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