Office to let

Location

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 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.