Sovereign Quay Havannah Street Cardiff Bay CF10 5SF
£ 349,950 / 30,000/pax
- 2462.00 sq ft
Sovereign Quay is situated to the waterfront area of Cardiff Bay overlooking the Mount Stuart Graving Docks, Techniquest, Mermaid Quay and Cardiff Bay Barrage to one entrance with views overlooking St. Davids Hotel with public car parking and Cardiff Wetlands to the opposite elevation.
Within walking distance is The Atlantic Wharf Red Dragon Multiscreen Cinema/Restaurants/Leisure complex, The Exchange Hotel, Welsh Assembly Buildings, Wales Millennium Centre and Mermaid Quay with its numerous bars and restaurants.
The area benefits from good public transport links with Cardiff Bay Railway Station a short distance away. There is swift access to the M4 at Junction 33 via the A4232 Link Road.
Sovereign Quay comprises a mixed use development comprising a parade of retail/business units to ground floor with residential apartments to the upper floors.
Externally the unit benefits from floor to ceiling wall to wall glass upvc windows and doors with an external tiled area currently utilised as an outside seating area.
The property benefits from Disabled and Male/Female W.C Facilities, Air Conditioning, Inset Spot lighting, Kitchen, tiled floors and gas central heating.
The accommodation briefly comprises:
Approximate Gross Internal Area 238 sq.m. (2,562 sq.ft)
The accommodation is available on an Effectively Full Repairing and Insuring basis for a flexible term of years to be negotiated.
The property can also be available For Sale on a Long Leasehold basis. The Long Leasehold interest is 999 years from December 2004.
Our inspection of the rating list shows the following assessment for the subject property:
Rateable Value andpound; 25,500.00
Rates Payable (2020/2021) andpound; 13,642.50
The current Rateable Value of the property for the period 2020/21 is based on UBR multiplier of andpound;0. 535, however, we strongly advise all interested parties they must rely on their own enquiries of the Local Authority on 029 20871491/2 to confirm the above figures and in some instances some relief may be applied.
All figures are quoted exclusive of V.A.T. where applicable.
Each party to bear their own legal costs incurred in the transaction.
A service charge is to be levied with respect to common expenditure. Further information can be made available upon request.