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

From £85,000 pa (£32.00/sq. ft. pa)
Interested in this property? Call +44 29 2227 9254 * or Request Details

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Retail premises to let 2,656 sq. ft*

Property description

Key Points

  • Quoting rent £ 85,000 pax
  • Positioned on the pedestrianised St John Street, close to Queen Street, Cardiff Castle, Church Street, Working Street, Queens Arcade and St Davids Shopping Centre
  • A five storey building with the available premises comprising of basement, ground and first floors
  • 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
  • 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 Davids Shopping Centre. The Principality Stadium (formally 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, The Owain Glyndwr Public House as well as providing one of the main entrances into the High Street Arcade. The Cardiff Indoor Market is located within the immediate vicinity. The Botanist, Pho, Honest Burgers and Mowgli Street Food have all opened on Church Street which is approximately 30 metres away.

    Description The property is a five storey building with the available premises comprising of basement, ground and first floors. Both ground and first floors are available for sales purposes with ancillary accommodation on 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. The landlord will also consider a turnover rent as part of working up new lease terms.

    Quoting rent £ 85,000 pax rateable value The 2017 Rateable Value for the property is:- Rateable value: £ 118,000 Rates payable: £ 63,130 Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

    Accommodation The property provides the following approximate areas and dimensions: Gross Frontage 9.78 m 31 ft 01 in Net Frontage 9.22 m 30 ft 03 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 A3 planning consent has been granted for the premises, which is also suitable for A1 and A2 uses.

    EPC rating D - 76-100 VAT VAT is payable on the rent legal costs Each party to bear its own costs in dealing with this transaction.

    Viewings

    Strictly by appointment with sole agents Cooke & Arkwright.

    Property info

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

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    Cooke and Arkwright, CF10 on +44 29 2227 9254 * (local rate)

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    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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