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- Last updated: Sunday, 2 August
- Adoos Reference: 7374112
- Price: £439,950
- Location:
Heath, Cardiff, Wales - North [see map]
Description
LARGE FREEHOLD COMMERCIAL PROPERTY WITH PRIVATE OFF ROAD PARKING FOR 8 CARS LOCATED ~1 MILE FROM CARDIFF CITY CENTRE £439,950 ono
LOCATION:
The commercial property is situated amongst others on the major link road running north of the City; approximately 1 mile north of Cardiff City Centre. The premises are accessible from the A48, approximately 2 miles from the M4 and located within 5 minutes walk from the University Hospital of Wales.
PROPERTY DESCRIPTION:
The property is a large 3,567 square foot three-storey town house which comprises owner's living accommodation and courtyard garden to the ground floor; guest living room, kitchen, bedrooms and bathrooms to the first floor and further guest bedrooms to the second floor. It also has private off road parking for 8 vehicles.
THE BUSINESS:
The business is currently run as a Guest House, yet its close proximity to the City Centre allows this very large end of terrace property with private car parking to also lend itself to many other types of business use; for example: offices; doctor’s surgery; flats etc.
The current business has been run by the owner for the previous 25 years and maintains 6 guest rooms.
GROUND FLOOR
Room 1: 4.47m x 4.76m (Owner’s Bedroom 1 with en suite shower, WC and wash hand basin)
Room 2: 3.44m x 5.50m (Owner’s Bedroom 2)
Room 3: 3.47m x 4.18m (Owner’s Lounge)
Room 4: 3.56m x 2.92m (Kitchen)
Room 5: 3.56m x 2.18m (Utility Room)
Also: Separate WC off Utility Room
FIRST FLOOR
Room 6: 4.67m x 4.54m (Open-plan Lounge/Kitchen) Fixtures and fittings to remain - fitted kitchen; large leather seating area; cabinet fridge freezer; breakfast bar; gas stove and dishwasher etc.
Room 7: 3.67m x 2.94m (Bedroom with wash hand basin)
Room 8: 2.57m x 2.24m (Bedroom with wash hand basin)
Room 9: 3.67m x 2.94m (Bedroom with wash hand basin)
Also: Separate WC
Separate Bathroom with wash hand basin and shower
SECOND FLOOR
Room 10: 3.67m x 2.94m (Bedroom with wash hand basin)
Room 11: 2.74m x 1.85m (Bedroom with wash hand basin)
Room 12: 2.10m x 3.76m (Bedroom with wash hand basin)
Also: Storage Room: 0.70m x 0.85m
(current room uses)
TURNOVER:
Profit and loss figures: 2001/02 £57,836 - net profit £30,270. 2002/03 £103,220 - net profit £75,288. 2003/04 £84,080 - net profit £54,835. 2004/05 £69,699 - net profit £50,409. 2005/06 £62,214 – additional audited accounts available for 06/07, 07/08. ‘08 to date. All figures are exclusive of VAT.
REASON FOR SALE:
Retirement.
Please contact James Smithson (owner) on Cardiff 02920 520510 (10am-6pm) for further details.