Property Information
Address:
6-7, St. John Street, Cardiff, CF10 1GJ
, CF10 1GJ
Price: Property no longer available.
Size: 5758 sq ft534 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH584915
Property Ref/Agent: 6-7, St. John Street, Cardiff, CF10 1GJ - 100010952
*Please use the agent ref when calling the agent directly.
Property 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 David's Shopping Centre. The Principality Stadium (formerly 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, Caffé Nero, The Owain Glyndwr Public House as well as providing one of the main entrances into the High Street Arcade. Cardiff Indoor Market and House of Fraser are located within the immediate vicinity. 6/10 Church Street is scheduled to be redeveloped during 2017 and is to provide 4 restaurant units.
DESCRIPTION
The property is a five storey building with the available premises comprising the basement, ground and first floors. Both ground and first floors are available for sales purposes with ancillary accommodation in 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.
Quoting rent £130,000
RATEABLE VALUE
The 2017 Rateable Value for the property is:
Rateable value £ 118,000
Rates payable £ 58,882
Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
VAT
VAT is payable to the rent.
ACCOMMODATION
The property provides the following approximate areas and dimensions:-
Gross Frontage 9.78 m (32 ft 1 in)
Net Frontage 9.22 m (30 ft 3 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
The property currently has an A1 consent - the landlord has applied for consent for change of use to A3.
EPC RATING
D 76-100
LEGAL COSTS
Each party to bear its own legal costs in dealing with this transaction.
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