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Available
£1,760,000 (Subject to Contract)
87 Queen Street occupies a prominent position on Queen Street, Cardiff’s principal pedestrianised retail thoroughfare, directly opposite the entrance to Next. Nearby occupiers include Sports Direct, Marks & Spencer, Holland & Barrett, and WH Smith.
The property comprises a five-storey Victorian building providing retail accommodation at ground and basement levels with three additional floors on the upper parts The ground floor is arranged as two well-configured retail units, benefitting from a prominent frontage onto Queen Street and a substantial glazed return frontage onto Park Place. The adjoining unit, 2A Park Place, offers further retail space with a full-height glazed frontage. Access to the upper parts is provided via a dedicated side entrance on Park Place, adjacent to Greggs.
£140,000.00 per annum exclusive
Freehold
A net initial yield of 7.50%.
Surveyor | Investment
Associate Partner | Investment
Partner | Investment
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