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Mixed-Use Investment Purchase In Cardiff For Sale

Cardiff, UK
Asking Price:
£920,000
Turnover:
£72,180
Net Profit:
£72,180

A Substantial Commercial Freehold Investment Portfolio comprising four A3 properties and four first floor apartments. This parade of restaurants is situated on this popular thoroughfare with a good footfall. The businesses provide an excellent return for the investor.

The commercial units are currently occupied by the following businesses:

132 & 134: 'Chai Social'.
136: 'Stella Italia'.
138: 'Vivo Amigo'.

(Businesses Unaffected).

The apartments are let individually, mostly on Assured Shorthold Tenancy Agreements.

INCOME:
The property is currently providing a 7.40% return, with room for uplift.

Tenure: Freehold
Please note
We understand the property is Freehold, though this must be verified by any interested parties' legal representative.
Viewings
We will require confirmation of funds prior to arranging a viewing for these properties.

Property Information

Property:

Freehold

Living Accommodation:

Four first floor apartments.

Location:

Prominent parade near University Hospital of Wales in Cardiff.

Premises Details:

A row of four mixed-use, fully let, freehold investments.

Planning Consent:

A3 licensed restaurants.

Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Expansion Potential:

Room for uplift in the rents, subject to negotiate and lease term.