Retail premises for sale

Llandaff Road, Cardiff CF11

Property Summary
➢ Mixed Retail and Residential Investment
➢ Ground Floor A3 premises with courtyard and separate commercial unit located to the rear of the site, providing three separate lettable units including the upper floor residential
➢ Self-Contained Apartment on the first floor
➢ Desirable location near the popular Laundry Quarter development, less than 1 mile from Cardiff City Centre
➢ Total combined rental income from June 2026 - £30,240 pax
➢ The ground floor commercial units are occupied by the very popular & locally based Slizza Pizza & Pub

Location
A very prominent corner site on Llandaff Road / Gray Street - in a strong suburban location. Located very close to the Laundry Quarter development, The Corporation Market and Butchers Arms. Other established businesses trading nearby on Llandaff Road include Ahead of the Game, Ground, West Pizza and Sonder.

Description
The property comprises an attractive prominent corner positioned mixed-use property set across two levels. The front ground floor A3 commercial unit, external beer/pizza garden & rear workshop are occupied by Slizza Pizza & Pub. There is a self-contained first floor two-bedroom apartment accessed via Llandaff Road. The property provides the following approximate floor areas, which should only act as a guide and not to be relied upon as all interested parties should verify the floor areas whilst on site.

Ground Floor A3 Unit (Front): C. 65.03 sq m / 700 sq ft
Rear / Workshop Unit: C. 24.43 sq m / 263 sq ft
First Floor Residential Apartment c. 62.98 sq m / 678 sq ft
Total c. 152.45 sq m / 1641 sq ft

Tenancy Summary
-Ground Floor Commercial Unit – Let to Slizza Ltd at a passing rental of £12,240 pa and lease expiry in April 2028.

-Rear Ground Floor Unit - This unit is separately let to Slizza Ltd at a passing rental of £5,400 pa and lease expiry in April 2028

-First Floor Residential Apartment – A two-bedroom apartment currently let at £995 pcm and due to increase to £1,050 pcm from June 2026.

Proposal / Offers
Offers are invited in the region of £400,000- subject to contract. A purchase at this level would reflect a net initial yield (Niy) of c. 7.3%, allowing for purchaser's costs of 3.75%.

Any sale of the property will be subject to the existing tenancies.

Tenure
Freehold

Legal Costs
Each party is to bear their own legal and professional costs incurred in the transaction.

Epc
Commercial Unit EPC: 35 (B)
Residential Apartment EPC: 65 (D

Planning
It is our understanding that the main ground floor retail unit secured a change of use to A3 in 2016, whilst the rear standalone unit also secured a change of use to A3 in 2018.

Vat
All figures quoted are exclusive of V.A.T. Where applicable - it is understood that Vat is not applicable.

Anti-Money Laundering Regulations
The Purchaser will be required to satisfy the Vendor and their agents regarding the source of the funds used to complete the transaction plus providing identification upon request