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AGENT'S DETAILS


Landmark Grade II* listed department store extending to 275,000 sq ft

For sale: POA|1.7 Acres|General Retail, Retail

PROPERTY DETAILS

FOR SALEPOA
SIZE1.7 Acres
ADDRESSThe Howells Building, 8-18 St. Mary Street, Cardiff, CF10 1TT
TYPEGeneral Retail, Retail
TENUREDevelopment Opportunity, For Sale Freehold
POSTED ON11th September 2020

DESCRIPTION

The Howells building area extends to approximately 275,000 sq ft comprising an array of building forms, including the original 1800’s stone façade fronting St Mary Street, 1909-designed square building on the corner of St Mary Street and Wharton Street, the Bethany Baptist Chapel situated in the middle of the building and a variety of more modern infill development. The property is currently configured as a large retail department store in part open-plan layout and part knocked-through adjacent buildings across six floors The property is primarily occupied by House of Fraser (now part of the Sports Direct International Plc), currently in c.227,000 sq ft; the Borough Arms public house occupies an c 2,500 sq ft over basement and ground floor fronting St Mary Street. Wallace Properties Ltd (in administration) began implementing the redevelopment plans for the property, which involved sub-dividing the property. Areas of House of Fraser’s occupation were handed back, c.46,000 sq ft, which are currently vacant and some basic strip out works completed.

- Landmark Grade II* listed department store
- c.275,000 sq ft GIA
- Significant city centre asset management and redevelopment opportunity
- £45,000 p.a. passing rent

LOCATION

Location: The Howells Building, 8-18 St. Mary Street, Cardiff, CF10 1TT

Cardiff Central (0.2 miles)

Cardiff Queen Street (0.3 miles)

Cathays (0.6 miles)

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