Investment.

Cardiff.

87 Queen Street & 2A Park Place, CF10 2BE

Map View

Status.

Available

Price.

£1,760,000 (Subject to Contract)

Location.

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.

Description.

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.

Rent.

£140,000.00 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of 7.50%.

Share.

All viewings are strictly by prior appointment.

Will Civil.

Surveyor | Investment

Jonny Gooch.

Associate Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson