Block of flats for sale in Tweedsmuir Road, Cardiff CF24
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Property description
This corner property is located in an excellent position, only 10 minutes to Cardiff City Centre. There is a great selection of shops, restaurants and cafes in Tremorfa only a short walk away, and there are excellent transport links, with a regular bus stop on the doorstep.
At present the property comprises a large ground floor commercial unit with A3 consent, currently trading as a Chinese restaurant, and newly refurbished one bedroom first floor flat. The shop and flat are both currently let with a combined rental income of £18,900 per annum, offering a 7.3% ROI.
The property is set on a large plot with land to the side and rear of the existing building, and there is planning permission for the construction of two further flats (one 1 bedroom flat and one 2 bedroom flat).
The existing property comprises:
Ground floor commercial unit
A3 commercial unit currently let under the terms of a commercial lease, and trading as a Chinese restaurant.
Restaurant/Café Seating Area: 510 sq. Ft. (47.5 sq. M.)
Kitchen: 155 sq. Ft. (14.45 sq. M.)
Pantry/Storeroom: 105 sq. Ft. (9.7 sq. M.)
Cloakroom: 15 sq. Ft. (1.4 sq. M.)
Current Rent: £750 pcm
EPC pending
Newly refurbished one bedroom first floor flat
Open plan lounge and fitted kitchen
One double bedroom
Bathroom with bath and shower, wash hand basin and WC
Current Rent: £825 pcm
EPC D
The property has planning permission for single and two storey side and rear extension for two self-contained flats (one bedroom and two bedroom).
If you would like further particulars or to arrange a viewing for this property, please contact our office at 209 Penarth Road, Cardiff.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Hafren Properties, CF11 on +44 29 2227 9308 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hafren Properties, and do not constitute property particulars. Please contact Hafren Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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