Commercial Property

Mount Rooms, Barry, CF62 7XY
  • Available
  • Energy
    Energy Ratings
    • Flat
      Commercial Property
    • Furnishings
      Not Specified
    • Receptions
      0 Receptions
    • Barry
    • Commercial
Property ID: #P1603

Property Description

Located in the West End of Barry we have a very rare & Unique opportunity for someone to open a much needed restaurant!

The space is located within a full operational hotel. Completely renovated and with good occupancy rates. There is currently a bar, event space, gym, café and beauty room along with 45 hotel rooms.

The space in question is very manageable. Big enough for 30-35 covers. Then a separate kitchen area which already has appliances and offers plenty of space and opportunities to not only service hotel guests but locals as well. The rent is kept very low and also manageable. Below are key facts:

3 months free rent to get started
Restaurant area 339.92 sq ft
Kitchen area - 811.41 sq ft
5-7 year FRI lease available
Monthly rent of £800pcm including both restaurant area & kitchen
45 bedroom hotel already fully functional

Please contact us for more information and to arrange a viewing.

Information about Fees

These fees are our standard fees from August 2015. Unless stated otherwise (whether via email, letter, property advertisement, publication etc…) in writing, these fees may apply to you and will be outlined clearly in your contract.

Setup fee includes:
  • Referencing, credit checks, marketing the property on portals, accompanied viewings, board erection outside of property (where applicable), agree market rental amount, negotiation with tenants, set up of standing order mandates & notification to utility suppliers of new tenant moving in.
  • Tenants – Moving in
  • 25% of the rent plus VAT for setup fee
  • £50 plus VAT per tenant for additional tenants – if an additional tenant is being added to the agreement mid fixed term / once the move in process is underway.
  • £30 + VAT charge for second guarantor checks – first guarantor check is free
  • £200 higher deposit if pet is agreed
  • Standard deposit, Equivalent to 1 months rent
  • Tenants – Mid Tenancy
  • £50 + VAT amendment fee – addition of another tenant / new terms to be added to agreement / pet to be added to agreement
  • £60+ VAT renewal fee
  • £30 + VAT out of hours services – only charged where the actions of the tenants results in the agent or the contractor having to attend due to them e.g. lock out charge. (hourly rate charge).
  • Late Rent - £30 + VAT initial charge and per letter sent charge.
  • Daily Late Rent Charge – 2% + VAT of the amount outstanding on a daily basis.
Tenants – End of Tenancy
  • £30 + VAT final inspection fee – this is only charged if the original final inspection is cancelled, re-arranged due to the tenants not being able to attend or if they have not provided the required information

CS Properties has made every effort to ensure the information contained herein has been obtained through sources deemed reliable. However, we cannot warrant or guarantee the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We recommend to the buyer that any information, should be obtained through independent verification. All / Any measurements displayed are all approximates.

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(029) 20 482 862

CS Properties
Portland House
113 - 116 Bute Street
CF10 5EQ

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