Unit 2, 9/11 The Hayes, Cardiff, CF10 1AH
- Property Type: Offices
- Size: 1,050 sq m (11,306 sq ft)
- PRIME CITY CENTRE LOCATION ADJ TO ENTRANCE OF ST DAVID’S
- HIGH SPECIFICATION 1ST AND PART 2ND FLOOR ACCOMMODATION WITH BESPOKE ARCHITECTURAL DESIGN
- CHANGE OF USE BACK TO A RESTAURANT CONSIDERED (STANC)
- FIRST FLOOR 8,436 SQ FT, PLUS SECOND FLOOR 2,870 SQ FT
- ASKING RENT – £165,000 PAX
The property forms part of 9-11 The Hayes, a corner plot with frontage to the Hayes and Hills Street. Hills Street leads to one of the entrances to Cardiff’s main shopping centre, St David’s. Occupiers in the direct vicinity of the property include Miller & Carter (ground floor of the same building), Hugo Boss, Fred Perry, Waterstones Books, Starbucks and TK Maxx.
The property is accessed directly off the pavement of Hills Street into a self-contained foyer with stairs and passenger lift access to the first floor.
DESCRIPTION
The property comprises first and second floor accommodation that was originally developed as a restaurant (previously occupied by Lobster & Burger) and subsequently thoughtfully re-configured to office space, retaining features such as the hard wood flooring and period architectural characteristics.
The accommodation is largely open plan with individual glazed offices off the main area. A variety of WC and staff facilities are provided within the proposed demise. A kitchen and breakout area are located in the open plan space, forming part of the original bar of the restaurant space. The accommodation is highly specified with modern air conditioning and lighting.
Whilst the accommodation is currently configured for use as offices, the property could be put back to use as a restaurant/bar, subject to change of use. Our client will consider interest as offices or a restaurant/bar.
ACCOMMODATION
Net Internal Floor Areas:
| GROUND FLOOR (ENTRANCE LOBBY AND LIFT) | – | – |
| FIRST FLOOR | 783.72 | 8,436 |
| SECOND FLOOR | 266.63 | 2,870 |
| TOTAL: | 1,050 SQ M | 11,306 SQ FT |
RATEABLE VALUE
We have been informed via an online enquiry with the Valuation Office, that the property has a rateable value of £135,000 (1 April 2023 to present)
UBR for Wales 2024/25 is 0.562p in the £. (Rates payable £75,870)
EPC
Rating – D
Cert 0790-6924-0368-5094-3064
LEASE TERMS
The property is available on a new effective full repairing and insuring lease on terms to be agreed.
SERVICE CHARGE
A service charge will be payable in relation to the repair and maintenance of the building and common parts of which the property forms part. Service charge amount TBC
RENT
Asking rent £165,000 pax
VAT
All prices are quoted exclusive of VAT. Our client reserves the right to charge VAT on all payments.