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For Sale Commercial

Merthyr Road, Whitchurch, Cardiff
£50,000

Property Details

  • Business For Sale
  • Licensed Bistro
  • Established Clientele
  • Busy High Street Location
  • Leasehold Business
  • Long Lease
  • Circa 650 Sq. Ft
  • Excellent Reputation

An excellent opportunity to acquire this licensed Bistro with a superb reputation situated in a prestigious location in North Cardiff. This mid parade commercial property, circa 650 sq ft at ground floor level, is ideally positioned in the heart of Whitchurch Village with excellent visibility and frontage. Whitchurch Village provides a comprehensive range of both local traders and national retailers such as, Boots, Greggs, Coffee 1, Co-op Supermarket, solicitors and banks. This vibrant village also benefits from exceptionally high footfalls from the densely populated surrounding areas and its well serviced public transport links.

This popular Bistro comprises a customer dining area, open kitchen with full inventory of equipment (not included in sale price), a rear storage area, customer washroom. The business itself has a solid client base and outstanding online reviews. The current configuration has 38 internal patrons with a further 10 patrons situated externally to the front o the premises. Fixtures and fittings to be valued separately to sale price.

TERMS


LEASE
Assignment of existing 15 year lease from June 2016

RENT REVIEW
Every five years

PREMIUM
50,000

TENURE
Leasehold

RENT
17,000 pa

BUILDINGS INSURANCE
Circa 500 pa

RATES PAYABLE
7,400 pa



VIEWINGS
Viewing is subject to PRIOR written confirmation of appropriate funds (e.g.; bank statement or accountants letter).


DETAILS
Details: Full details of accounts on request.

Other Information

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