£20,000 pa
(£14.51/sq. ft. pa)
Retail premises to letAlbany Road, Cardiff CF24
1,378 sq. ft
Available immediately
Part furnished
About this property
Location
The property occupies a good trading location on Albany Road in the highly populated suburb of Roath, approximately 1 mile north-east of Cardiff City Centre. Albany Road/Wellfield Road is the largest district centre in Cardiff in terms of the number of commercial units. The property is located within close proximity to a number of multiple retailers including Greggs, Card Factory, Home Bargains, Ramsdens, Iceland & Tesco Express in addition to a number of established independent businesses, making this a very popular and desirable trading location.
Description
An impressive double glazed frontage retail unit offering strong roadside prominence and signage opportunities. Previously occupied by a barber, the unit would benefit from a range of similar uses including but not limited to retail, hair & beauty, bakery, financial services, offices etc. Other uses may be considered, subject to covenant and planning. The unit is generally presented in good condition with tiled flooring, LED ceiling tiles with electric and water supplies. WC is located towards the rear of the unit along with a good amount of storage/ancillary.
The unit provides the following approximate floor areas, which should only act as a guide and not to be relied upon as all interested parties should verify the floor areas whilst on site.
Front Retail Area: C. 100 sqm / 1076 sqft
Front / Side Storage Area: C. 5.5 sqm / 59 sqft
Rear Kitchen/WC Ancillary: C. 22.9 sqm / 246 sqft
Total NIA: C. 128.4 sqm / 1382 sqft
Planning
The unit is believed to benefit from A1 retail use. Other uses may be considered, subject to covenant and planning.
New Lease Terms
To be agreed
Epc
Rate B - Valid until 4 August 2035
Rateable Value
£22,250 (April 2024)
ubr: 0.568 (2025/2026)
Rates Payable (2025-2026**): £12,638
**The Welsh Government will provide grant funding to provide the Retail, Leisure and Hospitality Rates Relief scheme to eligible businesses for 2024-25. Businesses will be eligible for 40% off their liability for the financial year. The amount of relief under the Welsh Government’s Retail, Leisure and Hospitality Rates Relief scheme will be capped at £110,000 per business across Wales. Please discuss with the Local Authority to check whether you are eligible for any rates relief.
Vat
tbc whether VAT is applicable
Quoting Rental
£20,000 per annum exclusive
Legal Costs
Each party is to be responsible for their own legal and professional costs incurred in this transaction. The ingoing tenant may be required to contribute towards the landlord's legal costs with preparing a new Lease - to be discussed during negotiations.
Viewing and Further Information:-
All viewings strictly via pre-arranged viewing appointment only
Please contact sole marketing agent:-
DTR Surveyors:
The property occupies a good trading location on Albany Road in the highly populated suburb of Roath, approximately 1 mile north-east of Cardiff City Centre. Albany Road/Wellfield Road is the largest district centre in Cardiff in terms of the number of commercial units. The property is located within close proximity to a number of multiple retailers including Greggs, Card Factory, Home Bargains, Ramsdens, Iceland & Tesco Express in addition to a number of established independent businesses, making this a very popular and desirable trading location.
Description
An impressive double glazed frontage retail unit offering strong roadside prominence and signage opportunities. Previously occupied by a barber, the unit would benefit from a range of similar uses including but not limited to retail, hair & beauty, bakery, financial services, offices etc. Other uses may be considered, subject to covenant and planning. The unit is generally presented in good condition with tiled flooring, LED ceiling tiles with electric and water supplies. WC is located towards the rear of the unit along with a good amount of storage/ancillary.
The unit provides the following approximate floor areas, which should only act as a guide and not to be relied upon as all interested parties should verify the floor areas whilst on site.
Front Retail Area: C. 100 sqm / 1076 sqft
Front / Side Storage Area: C. 5.5 sqm / 59 sqft
Rear Kitchen/WC Ancillary: C. 22.9 sqm / 246 sqft
Total NIA: C. 128.4 sqm / 1382 sqft
Planning
The unit is believed to benefit from A1 retail use. Other uses may be considered, subject to covenant and planning.
New Lease Terms
To be agreed
Epc
Rate B - Valid until 4 August 2035
Rateable Value
£22,250 (April 2024)
ubr: 0.568 (2025/2026)
Rates Payable (2025-2026**): £12,638
**The Welsh Government will provide grant funding to provide the Retail, Leisure and Hospitality Rates Relief scheme to eligible businesses for 2024-25. Businesses will be eligible for 40% off their liability for the financial year. The amount of relief under the Welsh Government’s Retail, Leisure and Hospitality Rates Relief scheme will be capped at £110,000 per business across Wales. Please discuss with the Local Authority to check whether you are eligible for any rates relief.
Vat
tbc whether VAT is applicable
Quoting Rental
£20,000 per annum exclusive
Legal Costs
Each party is to be responsible for their own legal and professional costs incurred in this transaction. The ingoing tenant may be required to contribute towards the landlord's legal costs with preparing a new Lease - to be discussed during negotiations.
Viewing and Further Information:-
All viewings strictly via pre-arranged viewing appointment only
Please contact sole marketing agent:-
DTR Surveyors:
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