Barons Court, Penarth Road, Cardiff, CF64 1ND

Barons Court is an elegant period property of significant character, arranged over multiple floors and set within generous grounds. The main building is currently configured as a high-quality restaurant, featuring:

Internal dining areas with period detailing
A prominent frontage onto Penarth Road
Outdoor champagne bar and seating terrace
Landscaped areas suitable for events and weddings
The wider site includes:

A detached coach house converted into two x 1 bedroom flats
A self-contained 3 x bedroom residential unit
A sizeable surfaced car park with independent access

Current Income Breakdown:

Restaurant (main building): £5,416.66 pcm
Apartment 1 (1-bed): £745 pcm
Apartment 2 (1-bed): £795 pcm
Car park rental: £950 pcm
Total Monthly Income: £7,073
Total Annual Income: £94,880 (as provided)

Asking Price: £1,250,000

Net Initial Yield (NIY): 7.59%

This reflects a strong return for a mixed-use asset with development upside.

The site benefits from a substantial rear and side car park, previously subject to a planning application for a 24-bed apartment hotel, which was refused.

However, there is clear indication that:

A reduced-scale scheme more sympathetic to the listed building
A heritage-led residential or boutique hospitality concept
Or ancillary development aligned with the main building
...may receive favourable consideration, subject to planning.

This positions the asset as a "hold and enhance" opportunity, combining immediate income with medium-term capital growth through planning gain.