1 Park Place Cardiff, CF10 3UD

To Let
1 Park Place, Cardiff - Picture 2024-11-12-09-37-18

Agents

Calan Retail logo

Calan Retail

Andy Sturrock

Use Class

Use Class

E(a)

Size

Size

1,493 sq ft

Rent pa

Rent pa

£60,000

Description

The premises occupy a prominent location on Park Place, visible from the prime Shopping pitch, Queen Street and A3 pitch Greyfriars Road. The restaurant sits beneath the 142 bed Leonardo Hotel, and opposite Henry’s and Steinbeck and Shaw and the New Theatre. The unit is also situated in close proximity to Cardiff’s Canal Quarter and Civic Centre.

Key Information

Viewing

Staff are not aware of forthcoming closure.

Accommodation

1,493 Sq.Ft

The premises comprise a double height ground floor retail unit and provide the following areas and dimensions:-

Areas
Sq.Ft
Sq.M
Ground Floor A3 Sales
1,493
138.7
First Floor A3 Sales/Anc
354
32.89
Basement Ancillary
764
70.98

Financial

Lease Type

New Lease

Lease Term

The premises are available by way of a new effectively full repairing and insuring lease for a term of 10 years, subject to 5th year upward only rent review.

Rent

£60,000 per annum exclusive.

Costs

A1 or A3 Uses are permitted.

Service Charge

Not Applicable.

Business Rates

Rateable Value £44,750 UBR 0.562 (2024/2025) Rates Payable (24/25) £15,090 pa

Rates

Rateable Year:
2024
Rateable Value:
£44,750.00
Rates payable:
£15,090.00
UBR:
56.4p/£

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 27/11/2024