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Mixed-use Freehold Near Cardiff City Centre For Sale

Cardiff, UK
Asking Price:
£580,000 Furniture / Fixtures included
Turnover:
£58,000
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.

Tenure: Freehold
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.

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.

Other Information

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