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79-85 Queen St

18,783 SF 100% Leased Retail Building Cardiff CF10 2BE £2,425,000 (£129/SF) 10% Net Initial Yield

Investment Highlights

  • Currently let to WH Smith, Savers, and Holland & Barratt
  • UK’s strongest retail location
  • Asset management potential
  • Prime trading location

Executive Summary

We are instructed to seek offers in excess of £2,425,000 (Two Million, Four Hundred and Twenty-Five Thousand Pounds) subject to contract and exclusive of VAT which reflects a Net Initial Yield of 10.00% allowing for the usual purchaser’s costs.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
18,783 SF
Building Class
B
Year Built
1960
Price
£2,425,000
Price Per SF
£129
Net Initial Yield
10%
NOI
£242,500
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
1.12
Lot Size
0.38 AC
Frontage
94 ft on Queen Street

Amenities

  • Security System
  • Roller Shutters
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Ask Italian
Bill's
Carluccio's
Wagamama
Frankie & Benny's
Cosy Club
Shake Shack
Wahaca
Caffe Nero
Zizzi
  • Listing ID: 34240150

  • Date on Market: 19/12/2024

  • Last Updated:

  • Address: 79-85 Queen St, Cardiff CF10 2BE

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