Property Details

 
Offers Over £50,000
City Road, Cardiff
    • A3 Licensed Restaurant
    • circa 100 Covers
    • New Lease
    • Inclusive of Fixtures and Fittings
    • High Turnover
    • Spacious & Versatile
    • Prime City Road Location
    • Adjacent to Student Developments
     
    David's Homes present a rare opportunity to acquire a highly well regarding and profit making Indian Restaurant , available via a new lease. Incredibly spacious, this property is situated on the highly sought after City Road. Fully equipped with gas and three phase electricity supply.

    Current turnover and a list of fixtures and fittings provided with the lease are available upon request. Please note that we will require confirmation of funds prior to scheduling viewings.

    Rent: £35,000.00 per annum.
    Premium: £50,000.00 (Offers in excess of)
    Lease Term: Negotiable.
    Turnover: The agent has been informed that the current turnover is circa £10,000.00 per week
    Available via a new, fully repairing and insuring lease.
    Broker Fee: £10,500.00, equivalent to 30% of the Gross Annual Advertised rent plus VAT. Payable by the prospective tenant upon commencement of legalities.


    Tenure: Leasehold
    Viewings
    NOTE: We will require confirmation of funds prior to viewing this property.

    VIEWINGS STRICTLY BY PRE-ARRANGED APPOINTMENT WITH SOLE AGENT, DAVID`S HOMES. DO NOT APPROACH MANAGER OR STAFF AT THE PREMISES UNDER ANY CIRCUMSTANCES, THANK YOU.

    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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