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Unit 38 (No 8) Queen Street, Cardiff, CF10 2BY

Use Class

Use Class

E(a)

Rent pa

Rent pa

£35,000

Market Sector

Market Sector

Shopping Centre

Description

Occupiers in the scheme, which has 11 million visitors annually, include New Look, Footlocker, Animal and Argos and the new Skechers. The subject unit is opposite Whittard and close to F Hinds.

Location

Queens Arcade links prime Queen Street and the St David's Centre and comprises 160,000 sq ft of quality retail accommodation on two trading levels that was fully refurbished in 2008.

Key Information

Legal

Each party is to be responsible for their own legal costs incurred in this transaction.

Accommodation

Areas
Sq.Ft
Sq.M
Ground Floor Sales
918
85.28
First Floor Ancillary
440
40.89

Financial

Lease Type

New Lease

Lease Term

The premises are available on a new 10 year effective full repairing and insuring lease, subject to 5 yearly upward only rent reviews. Flexible terms may be available.

Rent

Subject to contract, rental offers are invited in the region of £35000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to verify the actual rates payable with Cardiff City Council.

Service Charge

Service Charge Approx - £13,964

Tenure

Leasehold

Rates

Rateable Year:
2014
Rateable Value:
£51,500.00
Rates payable:
£24,360.00
UBR:
47.3p/£

This Property is Part of a Shopping Centre

Queens Arcade

City centre covered scheme which links Queen Street and St Davids. Tenants include Argos, The Entertainer, New Look and Footlocker.

Calan Retail

Disclaimer

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.

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