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79-85 Queen St 35,089 sq ft 96% Let Retail Property Cardiff CF10 2BE £2,425,000 (£69.11/sq ft) 10% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Let to WH Smith, Savers and Holland & Barrett
  • Prime trading location
  • Asset management potential
  • UK’s strongest retail 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 In Escrow

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
35,089 sq ft
Costar Property Class
B
Year Built
1960
Price
£2,425,000
Price per sq ft
£69.11
Yield
10%
NOI
£242,500
Occupancy Rate
96%
Tenancy
Multiple
Number of Floors
4
Plot ratio
2.09
Total Plot Size
0.38 ac
Frontage
94 ft on Queen Street

AMENITIES

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

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 79-81
  • 1,451 sq ft
  • Retail
  • In-Line
  • Now

A retail unit arranged over the ground floor only.

Space Size Space Use Position Available
79-81 1,451 sq ft Retail In-Line Now

79-81

Size
1,451 sq ft
Space Use
Retail
Position
In-Line
Available
Now

79-81

Size 1,451 sq ft
Space Use Retail
Position In-Line
Available Now

A retail unit arranged over the ground floor only.

NEARBY MAJOR RETAILERS

The Gym Group
Jd Gyms
Starbucks
Costa Coffee
Pret A Manger
Caffè Nero
Tesco
SPAR
Ask Italian
Bill's
  • Listing ID: 34240150

  • Date on Market: 19/12/2024

  • Last Updated:

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

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