Mixed-use Freehold Near Cardiff City Centre For Sale

Cardiff City Centre, Cardiff, UK

Asking Price:: £580,000 Furniture / Fixtures included

Turnover:: Undisclosed

Net Profit:: £58,000

FULLY LET, 10% YIELD.

A fully mixed-use, freehold investment property for chain-free sale. Consisting of a very spacious commercial unit with consent for restaurant use and four self-contained apartments. Ideal for investors looking for a passive investment. Current gross annual income circa £57,799.00. No chain.

Clifton Street itself is a popular secondary shopping street at the heart of the Splott, Roath and Adamsdown communities, providing a comprehensive range of both local bespoke traders and national retailers, such as The Post Office, Tesco, solicitors' offices and coffee shops.

Property Information

Property:: Freehold

Living Accommodation:: 2X1 Beds
2X2 Beds

Location:: Clifton Street, Cardiff. Busy high street near Cardiff City Centre. Mixture of independent and national traders, including Post Office, Greggs, Solicitor offices and Tesco Supermarket.

Premises Details:

Three Storey mixed use freehold property consisting of a commercial unit and four apartments.

Room 1
Restaurant - Circa 1800 sq ft
Currently trading as a Kurdish restaurant/cafe.

The restaurant comprises a spacious and versatile customer dining area, a fully fitted bar, a comprehensive professional kitchen with ventilated canopy, customer W/Cs, and numerous store and stock rooms. To the rear of the property is an enclosed courtyard benefiting from separate side access.

FIRST FLOOR: Flat 1
A two-bedroom apartment consisting of a large kitchen lounge, a separate shower room and two bedrooms.

FIRST FLOOR: Flat 2
A one-bedroom apartment consisting of a kitchen lounge, a shower room and a bedroom.

FIRST FLOOR: Flat 3
A one-bedroom apartment consisting of a kitchen lounge, a shower room and a bedroom.

SECOND FLOOR: Flat 4
A two-bedroom apartment. Details to follow