Retail premises to let in Howard Gardens, Roath, Cardiff CF24

The property comprises a self-contained ground floor retail/ office unit, which forms part of a large student apartment block situated along a corner position, facing an open car park within Cardiff city centre.

The subject premises forms part of the recently developed high rise prime student housing block, which accommodates approximately 111 no. Apartments and also benefits from either Retail (Class A1) and/or Restaurant (Class A3) and Offices (Class A2 or B1a) uses (Planning Reference: 20/02488/mjr). The commercial unit equates to approximately 1,662 sq. Ft. In total, which also benefits from a return frontage of approximately 24 metres.

The subject premises is currently presented in a shell condition, but we advise that adequate services will be provided prior to occupation, including the installation of suitable w.c. Facilities or alternatively a suitable rent discount or rent free period may be proposed (subject to contract), on the condition that the prospective Tenant is expected to undertake these works.

Description

The property comprises a self-contained ground floor retail/ office unit, which forms part of a large student apartment block situated along a corner position, facing an open car park within Cardiff city centre.

The subject premises forms part of the recently developed high rise prime student housing block, which accommodates approximately 111 no. Apartments and also benefits from either Retail (Class A1) and/or Restaurant (Class A3) and Offices (Class A2 or B1a) uses (Planning Reference: 20/02488/mjr). The commercial unit equates to approximately 1,662 sq. Ft. In total, which also benefits from a return frontage of approximately 24 metres.

The subject premises is currently presented in a shell condition, but we advise that adequate services will be provided prior to occupation, including the installation of suitable w.c. Facilities or alternatively a suitable rent discount or rent free period may be proposed (subject to contract), on the condition that the prospective Tenant is expected to undertake these works.

Location

The property is situated just off Howard Gardens, within an area which is predominantly occupied by high rise buildings to include purpose built residential apartments, student housing and multi-let office blocks, within a densely populated student location, which affords a recognised passing trade.

In addition, we have been informed that the open car park located adjacent is currently owned by the Local Authority, which has also been earmarked for redevelopment. It is advised that the adjoining car park will comprise a large a recreational area, which is likely to increase passing trade even further.

Cardiff has a population of some 362,800, which is home to approximately 33,260 students (2019/20 figures). The subject premises is also within a short walking distance to the city’s prime retail area and main shopping district.

Accommodation

The subject premises affords the following approximate dimensions and areas:

Ground floor

Gross Internal Area: 154.43 sq.m (1,662.30 sq. Ft.)

Sales Area: 126.50 sq.m (1,361.64 sq. Ft.)

Shop Depth (from Council Car Park): 6.47m (21’3”)

Internal Width (max): 18.02m (59’2”)

Ancillary: 27.93 sq.m (300.63 sq. Ft.)

Rates

The Rateable Value for the subject premises has yet to be determined.

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .

Vat

Please be advised that all figures quoted are exclusive of VAT (where applicable).

Terms & Tenure

The premises is available To Let on a new effective full repairing and insuring lease (under terms to be negotiated).

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: Email: