Retail premises to let in St. John Street, Cardiff CF10

£130,000 pa (£22.58/sq. ft. pa)
Retail premises to let 5,758 sq. ft*
Interested in this property? Call +44 29 2227 9254 * or Request Details

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Property description

The property is positioned on the pedestrianised St John Street, close to Queen Street, Cardiff Castle, Church Street,

Working Street, Queens Arcade and St David's Shopping Centre. The Principality Stadium (formerly the Millennium

Stadium) is 2 minutes walk away. St John Street provides a variety of uses and is suitable for retail or leisure and occupiers in the immediate vicinity include Leeds Building Society, Greggs, Caffé Nero, The Owain Glyndwr Public House as well as providing one of the main entrances into the High Street Arcade. Cardiff Indoor Market and House of Fraser are located within the immediate vicinity. 6/10 Church Street is scheduled to be redeveloped during 2017 and is to provide 4 restaurant units.


Description


The property is a five storey building with the available premises comprising the basement, ground and first floors. Both ground and first floors are available for sales purposes with ancillary accommodation in the basement.


Terms


Subject to vacant possession, the property is available to let on the basis of an effective (via a service charge) full repairing and insuring lease, for a term to be agreed, subject to upwards only rent reviews at 5 yearly intervals.

Quoting rent £130,000


Rateable value


The 2017 Rateable Value for the property is:

Rateable value £ 118,000

Rates payable £ 62,068

Interested parties are encouraged to make their own enquiries with the Local Rating Authority.


VAT


VAT is payable to the rent.


Accommodation


The property provides the following approximate areas and dimensions:-

Gross Frontage 9.78 m (32 ft 1 in)

Net Frontage 9.22 m (30 ft 3 in)

Ground Floor Sales 246.75 sq. M (2,656 sq ft)

First Floor Sales 224.08 sq. M (2,412 sq ft)

Basement/Ancillary 64.11 sq. M (690 sq ft)


Planning


The property currently has an A1 consent - the landlord has applied for consent for change of use to A3.


EPC rating


D 76-100


Legal costs


Each party to bear its own legal costs in dealing with this transaction.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Cooke and Arkwright, CF10 on +44 29 2227 9254 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cooke and Arkwright, and do not constitute property particulars. Please contact Cooke and Arkwright for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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