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28 High St

3,727 SF Retail Building Cardiff CF10 1PU £875,000 (£235/SF)

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Investment Highlights

The Tenant has invested significantly in the fit out of the property
Situated in a prime location within the central core of the City Centre for the food & beverage/leisure sector

The property benefits from a 15 year lease expiring 2039

Executive Summary

The subject property is situated on High Street a pedestrianised area directly opposite Cardiff Castle in the heart of the City Centre. This attractive Grade II Listed building is mid terraced with a stone and brickwork facade and pitched tiled roof. The restaurant investment comprises the basement and ground floor only. There are five upper floors which have been converted into residential apartments. The residential accommodation has a separate self contained access.
Terra Mare is part of the A&M Hospitality Group Limited, Company No. 13667258. Their one existing high quality successfully trading restaurant, Silures, is situated in the popular suburban restaurant area of Wellfield Road. The investment is to be sold Freehold. The residential apartments have been sold off long leasehold on a peppercorn rent.

28 High Street, Cardiff Investment