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AGENT'S DETAILS


Freehold Investment Fully Leased with Excellent Return

For sale: £299,950.00|General Retail, Retail - High Street, Restaurant/Cafes, Mixed Use, Retail, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£299,950.00
ADDRESSSen Bakery Albany Road Cardiff CF24 3RQ
TYPEGeneral Retail, Retail - High Street, Restaurant/Cafes, Mixed Use, Retail, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON26th September 2020

DESCRIPTION

Fully Let Semi-Commercial Freehold with a particularly healthy income situated on bustling Albany Road. This three storey mid-parade property generates an excellent return and is newly available to investors looking for a no-hassle instant income. Highly recommended. Business unaffected.

Freehold Investment
A3 Commercial to GF
Two Bedroom Apartment
Fully Let on FRI
Instant Income
Three Storey Building
Recently Refurbished Throughout
Excellent Income
Business Unaffected
Rare Opportunity
The ground floor comprises an A3 bakery business, whilst the first and second floors provide two bedroom accommodation.

The property is leased on a Fully Repairing and Insuring basis.

Income:
Currently £24,000.00 per annum until 02/07/2023 with uplift to £26,400 per annum from 03/07/2023. Further fixed uplifts in place.

Albany Road is a very busy shopping area with a comprehensive range of businesses including major chains such as Tesco, Sainsburys, The Post Office, Ramsdens, Home Bargains, Coffee #1, Greggs, Costa Coffee, etc., plus a range of bespoke independent traders, bars, and restaurants.

Services

We understand the property is connected to all mains services.

Please note

We understand this property is Freehold, though we advise this is verified any interested parties' legal representative.

Viewings

We will require confirmation of available funds Prior to arranging a fully accompanied viewing of the premises so as to minimise interruption of the business. Thank you for your understanding.

LOCATION

Location: Sen Bakery Albany Road Cardiff CF24 3RQ

Heath High Level (0.9 miles)

Heath Low Level (1.0 miles)

Cathays (1.1 miles)

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