Summary - 79-81, Whitchurch Road,CARDIFF,CF14 3JP CF14 3JP
1 bed 1 bath Restaurant
**Standout Features:**
- **Investment Opportunity:** Freehold restaurant with additional residential units.
- **Occupancy:** Ground floor leased to Academy Coffee at £25,000/year for a new 10-year lease.
- **Size:** Total area of approximately 3,000 sq ft, including a spacious ground floor bar/restaurant and three flats above.
- **Location:** Prominent position on Whitchurch Road with high daily traffic and proximity to local amenities.
- **Tenant Potential:** Three flats (2 one-beds, 1 two-bed) under Assured Shorthold Tenancy Agreements.
**Concerns:**
- **Lease Condition:** Existing lease concerns may pose issues for mortgage lending.
- **Maintenance:** The property has dated industrial features and may require renovation for optimal use.
**Summary:**
Seize this exceptional investment opportunity in the heart of Cardiff! This freehold property at 79-81 Whitchurch Road combines a thriving ground floor restaurant, currently occupied by Academy Coffee, with three residential flats above. With a total size of approximately 3,000 sq ft, the commercial space offers ample room for a café or retail venture, enhanced by high visibility from passing traffic of around 15,000 vehicles daily.
The three existing flats provide steady rental income, catering to urban professionals and students in this vibrant neighborhood. While the prominent location offers a mix of local retailers and essential services, prospective buyers should note the existing lease on the restaurant may limit mortgage options since it's valid for another 10 years starting from October 2024.
This property combines commercial potential with residential income, providing a unique opportunity to invest in a bustling, easily accessible area of Cardiff—ideal for buyers seeking to capitalize on both retail and residential markets. Don't miss your chance to explore the possibilities this versatile property has to offer!
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