38 Windsor Road, Penarth, Cardiff, CF64 1JJ
- Property Type: A3 / Leisure
- Size: 393 sq m (4,232 sq ft)
A3/Leisure opportunity
Prominent location within popular Penarth
Three-storey property with basement providing 1,800+ sq ft ground floor sales area
A3 use for ground floor & basement. Also consent to convert first & second floors to a residential flat.
The property is located on the corner of Windsor Road and Hickman Road, within Penarth’s prime retail pitch. Neighbouring occupiers include Sainsbury’s Local, Co-Op Food, Costa Coffee, Greggs and Boots.
Penarth is a popular town located on the southern outskirts of Cardiff, c. 3 miles from the city centre. Penarth is considered an affluent area with amongst the highest house prices in Cardiff.
The property comprises an end-of-terrace building with basement originally developed in the early 19th century. The property was last used as a retail shop with ancillary accommodation to the basement and upper floors.
Access is provided directly from the pavement off Hickman Road to the main ground floor accommodation. Rear access is provided via a lane linking to Hickman Road. The basement and upper floors are accessed via internal staircases.
The property will be refurbished to provide a serviced shell finish ready for occupiers fit out
ACCOMMODATION
The accommodation comprises the following:
| Ground Floor | 174.50 SQ M | 1,878 SQ FT |
| Basement | 75.00 | 807 |
| First floor | 97.60 | 1,051 |
| Second Floor | 46.10 | 496 |
| Total | 393.20 | 4,232 |
The upper floors can potentially be made self-contained and a lease demising the ground floor and basement only granted.
RATEABLE VALUE
We have been informed via an online enquiry on the valuation office web site that the property has the following assessment:
RV £25,750
UBR for Wales 2021/22 is 0.535p in the £
EPC
Band C – cert no 9826-3069-0178-0790-8791
TERMS
The property is available on a new full repairing and insuring lease on terms to be agreed.
RENT
£50,000 pax
LEGAL COSTS
Each party responsible for their own costs
VAT
All prices, premiums and rents are quoted exclusive of VAT at the prevailing rate.
PLANNING
| 2013/01192/FUL
Granted 21 Feb 2014 |
Change of use from Class A1 to Class A3 and external alterations, including the installation of ventilation and extraction equipment. |
| 2014/00554/FUL
Granted 17 July 2014 |
Variation of Condition 5 and 12 of Planning Permission 2013/01192/FUL (change of use from Class A1 (shops) to Class A3 (hot food takeaway) and external alterations, including the installation of ventilation and extraction equipment). |
| 2016/00049/FUL
Granted 9 March 2016 |
Change of use to A3 restaurant, outdoor seating area, conversion of first and second floor to seven-bedroom flat, new shop front, external fume extraction and staircase.
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