Property Information
Address:
Market Buildings, 5/7 St Mary Street, Cardiff, CF10 1AT
, CF10 1AT
Price: Property no longer available.
Size: 21196 sq ft1969 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH589646
Property Ref/Agent: Market Buildings, 5/7 St Mary Street, Cardiff, CF10 1AT - 100011033
*Please use the agent ref when calling the agent directly.
Property description
- High yielding retail and office investment opportunity in the heart of Cardiff city centre
- Prominent location on St Mary's Street, one of Cardiff's most popular retail and leisure pitches
- The property provides 4 ground floor retail units, office accommodation on upper parts and a basement night club.
- Opportunities to add value and alternative use angles
- Current net rent of £188,328 per annum
- Long leasehold
- We are instructed to seek offers in excess of £1,750,000 (One Million Seven Hundred and Fifty Thousand) subject to contract and exclusive of VAT for our clients leasehold interest.
- A purchase at this level would reflect a net initial yield of 10.13%, assuming purchase costs of 6.2%.
;