Description
The property is situated on the northern side of Penarth Road with significant frontage to the River Taff and close to the City Centre of Cardiff. It comprises a BMW car dealership with showroom fronting Penarth Road, parts department, servicing area, tyre bay, valeting bay and extensive parking for display and customer parking. There are offices to the rear of the showroom and at first floor.
The vast majority of the site is freehold and will be sold subject to a lease back to Sytner Limited for a term of 3 years at a rent of £400,000. The remainder, to the left of the vehicle entrance, is leasehold for a term of 90 years from 2000 at a rent of £11,750 pa.
Unconditonal offers are sought for the property.
| Area |
Sqft |
Sqm |
| Showroom and Offices |
16073.00 |
1493.00 |
| First Floor Offices |
1720.00 |
159.00 |
| Parts Dept |
2243.00 |
208.00 |
| Servicing Bay |
7969.00 |
740.00 |
| Tyre Bay |
1867.00 |
173.00 |