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79-85 Queen Street, Cardiff, CF10

For sale: £2,425,000.00|35,089 Sq Ft|Leisure Property, General Retail, Licensed & Leisure, Retail

Property details

FOR SALE£2,425,000.00
SIZE35,089 Sq Ft
ADDRESS79-85 Queen Street, Cardiff, Caerdydd, CF10 2NX
TYPELeisure Property, General Retail, Licensed & Leisure, Retail
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON22nd November 2024

Description

Key Points

  • Let to WH Smith, Savers and Holland & Barrett
  • Asset management potential
  • Prime trading location
  • UK’s strongest retail location
  • Summary

    Prime Cardiff freehold retail investment

    Description

    79-85 Queen Street consists of three retail units, currently let to WH Smith, Savers, and Holland & Barratt.

    Savers and Holland & Barrett occupy ground floor units, while WH Smith occupies the remainder, trading from ground and a portion of the first floor. WH Smith’s unit at first floor oversails those below, with access via a sales staircase, escalator, and a passenger lift at the rear of the property.

    The Post Office occupies the rear of the WH Smith unit at the ground floor, which is the main Post Office facility serving Cardiff City Centre.

    WH Smith are currently investing in the property enhancing the staff facilities and refurbishing the first floor accommodation to accommodate a new Toys r Us offering.

    Location

    In August 2024 Queen Street was voted Britain’s best high street in a consumer survey carried out by GlobalData for American Express.

    Queen Street boasts a lineup of national occupiers, including M&S, Primark, Next, Boots, Superdrug, Sainsbury’s, KFC and McDonalds. The area was recently given a vote of confidence with Sports Direct moving out of their unit in St David’s to a major new flagship store on Queen Street, one of the largest in the UK and adjacent to 79-85 Queen Street.

    Availability_text

    The accommodation comprises the following areas:

    Specifications

    35,089 sq ft arranged over four floors
    Split over four floors from the lower ground to the second floor

    Location

    marker
    Location: 79-85 Queen Street, Cardiff, Caerdydd, CF10 2NX

    Cardiff Queen Street (0.2 miles)

    Cathays (0.4 miles)

    Cardiff Central (0.4 miles)

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