109/111 Queen Street Cardiff, CF10 2GQ

This Property is Currently 'Under Offer'
109/111 Queen Street, Cardiff - Picture 2024-05-08-11-17-13
Use Class

Use Class

E

Size

Size

2,800 sq ft

Rent pa

Rent pa

£125,000

Prime retail/restaurant space available in the heart of Cardiff. A superb location for retail or restaurant opportunities in the city centre.

A rare opportunity has arisen to acquire prominent retail units in one of the prime strategic positions on Queen Street. The property has a unique location benefiting from busy pedestrian flow on this well established A1/A3 pitch. Nearby retailers include Next, Costa Coffee, Tesco Express, Sainsburys and Marks and Spencers.

Queen Street is now established as the principle A1/A3 destination in Wales, and Cardiff now has a thriving visitor economy, attracting over 12 million people a year.

A rare opportunity has arisen to acquire prominent retail units in one of the prime strategic positions on Queen Street. The property has a unique location benefiting from busy pedestrian flow on this well established A1/A3 pitch. Nearby retailers include Next, Costa Coffee, Tesco Express, Sainsburys and Marks and Spencers. Queen Street is now established as the principle A1/A3 destination in Wales, and Cardiff now has a thriving visitor economy, attracting over 12 million people a year.

These units offers a unique opportunity to acquire a substantial space within this impressive flagship building. The space features modern interiors with an abundance of light flooding through to the glazed frontage.

  • 2 million catchment within 45 minute drivetime.

  • 42 million annual footfall in 2022.

  • £9.5 billion total expenditure available within a 45min drivetime.

Key Information

Legal

Each party are to pay their own legal costs incurred in connection with the transaction.

Accommodation

2,800 Sq.Ft

The units comprises ground floor with the following approximate dimensions and floor areas:-

Areas
Sq.Ft
Sq.M
Ground Floor
28,002
260.13

Financial

Lease Term

The unit is available on a new effectively full repairing and insuring lease of 15 years subject to a 5 yearly upward only rent reviews. Individual unit service charge figures available on request.

Rent

Subject to contract, rental offers are invited in the region of £125000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Business Rates

To Be Assessed, further detail on request.

Sustainability

Available on request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 16/05/2024