The Ivor Davies, 243-249 Cowbridge Road East, CF11

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Key Points

Summary

Prominent public house in Cardiff for sale on behalf of JD Wetherspoon

Description

The Ivor Davies comprises a two storey terrace property under a pitched tiled roof. To the rear there is an external beer garden laid out to provide seating for approximately 33 customers.

Ground Floor: Large open plan trading area with a bar servery and seating on both loose and fixed tables for approximately 94 covers. Ancillary areas
include beer cellar, trade kitchen and disabled WC.

First Floor: The first floor provides an additional trading area for approximately 60 customers. Ancillary areas includes a staff room, customer WCs and plant room.

Location

Cardiff is the capital and largest city of Wales which is situated approximately 12.5 miles west of Newport and 17 miles east of Cowbridge. The city benefits from excellent transport links with Cardiff Central train station providing regular services across Wales and England.

The Ivor Davies occupies a prominent position on Cowbridge Road East in popular suburb of Canton, approximately one mile to the west of Cardiff City Centre. The immediate vicinity comprises a number of commercial occupiers including Costa Coffee, Boots, Home Bargains and numerous independent coffee and restaurant operators.

Availability_text

The accommodation comprises the following areas:

Tenure

Sublease. The property is available by way of a new sublease at £60,000 per annum until 31st August 2029. There will be an upwards only rent review 31st January 2025.

Rateable Value & EPC

2023 Rateable Value - £76,000.

An EPC is in the course of preparation.

Premises Licence

The property benefits from a premises licence permitting the sale of alcohol until 12:30 Sunday to Thursday and 01:00 Friday & Saturday

Planning

The property is not listed or situated within a conservation area

Trading Information

Historic trading information may be available to interested parties upon written request.

Fixtures and Fittings & Stock

Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion.

Viewings & Terms

Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents Savills and CBRE. Under no circumstances should any direct approach be made to any of our clients staff.

Offers are invited for the benefit of our clients freehold interest.

To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit: jdwdisposals.co.uk