Property Type: Cafe/Bar/Restaurant/Leisure, Investment

Tenure: For Sale, Investment

Size: 9946 Sq Ft

Price: £ 725000

Property Details:

Prime Cardiff City Centre Leisure/Office Investment with Development Potential.

The property is situated in Cardiff’s central core for the food and beverage/leisure sectors. The area has been transformed into one of the most vibrant areas with the arrival of many new occupiers. Cardiff Central Train Station and Cardiff Bus Station are a short walk away as is the Principality Stadium, Utilita Arena and Central Square development. Central Square is now home to the BBC HQ and new Government Hub for HMRC plus a number of other high calibre office occupiers with office workers on site totalling 6,000 plus.

The Investment comprises the freehold interest of 26-27 St Mary Street together with the Metro nightclub situated on Bakers Row to the rear. The ground floor of 26-27 St Mary Street has been sold on a long leasehold basis to Tesco at a peppercorn. The two upper floors have a separate self contained access from St Mary Street. The nightclub is at ground floor level accessed from Bakers Row and occupies the basement of 26-27 St Mary Street. The rear of 25-26 St Mary Street offers future potential for residential development.

Freehold subject to the occupational leases on basement, first and second floor and the long leasehold interest on ground floor 26-27 St Mary Street.

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