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The Ivor Davies, 243-249 Cowbridge Road East, Cardff, CF11 9AN

£5,000 pcm
£60,000 pa

£17.91 per sq ft

Business rates & charges may apply

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE

3,351 sq ft

311 sq m

SECTOR

Pub to lease

Lease details

Lease available date:
Ask agent

Key features

  • Leasehold
  • Guide rent at £60,000 per annum
  • Prominent position fronting Cowbridge Road East
  • External trading area to front and rear
  • Trading accommodation at ground and first floor
  • Short distance from Ninian Park and Cardiff Central Train Stations
  • High standard of fit out
  • GIA - 311.3 Sq M (3,350 Sq Ft)

Description

Description
The Ivor Davies comprises a two storey terrace property under a pitched tiled roof. To the rear there is an external beer garden laid out to provide seating for approximately 33 customers.

Ground Floor: Large open plan trading area with a bar servery and seating on both loose and fixed tables for approximately 94 covers. Ancillary areas
include beer cellar, trade kitchen and disabled WC.

First Floor: The first floor provides an additional trading area for approximately 60 customers. Ancillary areas includes a staff room, customer WCs and plant room.

Location
Cardiff is the capital and largest city of Wales which is situated approximately 12.5 miles west of Newport and 17 miles east of Cowbridge. The city benefits from excellent transport links with Cardiff Central train station providing regular services across Wales and England.

The Ivor Davies occupies a prominent position on Cowbridge Road East in popular suburb of Canton, approximately one mile to the west of Cardiff City Centre. The immediate vicinity comprises a number of commercial occupiers including Costa Coffee, Boots, Home Bargains and numerous independent coffee and restaurant operators.

Availability_text
The accommodation comprises the following areas:

Tenure
Sublease. The property is available by way of a new sublease at £60,000 per annum until 31st August 2029. There will be an upwards only rent review 31st January 2025.

Rateable Value & EPC
2023 Rateable Value - £76,000.

An EPC is in the course of preparation.

Premises Licence
The property benefits from a premises licence permitting the sale of alcohol until 12:30 Sunday to Thursday and 01:00 Friday & Saturday

Planning
The property is not listed or situated within a conservation area

Trading Information
Historic trading information may be available to interested parties upon written request.

Fixtures and Fittings & Stock
Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion.

Viewings & Terms
Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents Savills and CBRE. Under no circumstances should any direct approach be made to any of our clients staff.

Offers are invited for the benefit of our clients freehold interest.

To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit: jdwdisposals.co.uk

Brochures

The Ivor Davies, 243-249 Cowbridge Road East, Cardff, CF11 9AN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ninian Park Station0.3 miles
  • Cardiff Central Station1.0 miles
  • Cathays Station1.1 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 179840-2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Margaret Street - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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