Property Details

 
Offers Over £299,950
Albany Road, Cardiff
    • Freehold Investment
    • A3 Commercial to GF
    • Fully Let on FRI
    • Instant Income
    • Three Storey Building
    • Recently Refurbished Throughout
    • Excellent Income
    • Business Unaffected
    • Rare Opportunity
     
    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.

    The ground floor comprises an A3 bakery business, whilst the first and second floors provide three ensuite rooms and a kitchen.

    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.
    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.

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     
     

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