Leisure/hospitality for sale in Station Road, Cardiff CF14

Location
The property occupies a highly prominent & visible position fronting onto Station Road, Llandaff North, a popular suburb in North Cardiff. Station Road benefits from a very high volume of footfall & passing traffic with a mixture of national and local business occupiers located within very close proximity, including Lidl Supermarket which is located immediately adjacent to the site. The property is also located within very close proximity to Ysgol Gyfun Gymraeg Glantaf, a Welsh-medium secondary school in Llandaff North, which houses approx. 1,200 students. Greggs recently opened a large 2,000 sqft unit on the opposite side of Station Road which also houses Charter Vehicle Hire & Texaco on the same site

The area benefits from regular public transport links by bus and Llandaff North Train Station, located a short walk away from the subject premises. Station Road is located approximately 3 miles north of Cardiff City Centre, whilst the M4 at Junction 32 is located just 2 miles north of the subject property.

Description
The Pineapple Inn is a prominent two storey detached public house. The ground floor trading area comprises a traditional pub layout with entrance hallway, lounge, bar area, WC facilities and access to cellar with rear access to a well sized garden/seating area.

The first floor comprises well-sized 3 bedroom living accommodation currently used as a management flat with potential to refurbish or convert into self-contained flats, subject to planning.

Approximate Gross Internal Areas (these areas are subject to on-site verification and are not to be relied upon).

Ground Floor: Approx. 1,442 sqft / c. 134.01 sq.m
First Floor: Approx. 1,124 sqft / c. 104.49 sq.m
Total gia: Approx. 2,566 sqft / c. 238.43 sq.m
There is also a rear garden/seating area with a fenced boundary.

Agents Notes
The property has clear potential for an owner occupier looking to acquire a well-located freehold pub site in North Cardiff – the property would benefit from refurbishment throughout. There is also obvious redevelopment/refurbishment potential, subject to securing the necessary planning consents. The property can potentially be developed to provide a high-quality mixed-use building with ground floor commercial and self-contained residential apartments above, subject to securing planning consents.

Tenure
The subject property is available freehold. It is our understanding that the property can potentially be sold with full vacant possession – more details upon request. Fixtures and Fittings are not included within the sale & would be subject to negotiation with the existing occupier, if required.

Terms / Price
We are seeking offers in the region of £350,000 for the freehold interest exclusive of VAT.

Legal Costs
Each party is to be responsible for their own legal and professional costs incurred in this transaction.

EPC

A new EPC has been ordered & the rating will be updated here shortly.

Rateable Value
£5,250 (April 2023)
Given that the rv is below £6,000, Interested parties should check with Cardiff Council as to whether they are eligible for any small business rates relief.

Services
It is understood the property benefits from main electric, water and gas. The meters are located within the cellar.

VAT

The property has been elected for VAT & therefore VAT will be applicable on the purchase price.

Viewings / Further Information
All viewings must strictly be arranged via the letting agent, DTR Surveyors - contact details can be obtained within the marketing brochure.