Coffee shop investment available to purchase. The property forms part of a comprehensive refurbishment of 31 Cathedral Road. The unit comprises ground floor retail space with large outdoor seating area on Cathedral Road. Occupiers in close proximity include Jolyons at No.10, Cayo Arms and an Esso garage. Kin + Ilk Pontcanna Ltd has taken a 15 year lease at a rent of £37,500 per annum. This provides a net initial yield of 7.95% assuming purchasers costs of 4.8%.
Location: CARDIFF Postcode:CF11 9HB