Property Type: Development Site, Investment, Retail

Tenure: For Sale, Investment, Development Opportunity

Size: 6585 Sq Ft

Price: £ 995000

Property Details:

PRIME RETAIL INVESTMENT WITH RESIDENTIAL DEVELOPMENT OPPORTUNITY ABOVE
Occupying a prime trading position opposite Boots and with neighbouring occupiers including Costa Coffee, Greggs, Tesco, Home Bargains, Shoe Zone and Co-op. The property is adjacent to the main pay and display car park servicing the Cowbridge Road East retail and commercial area. The property is located within 1 mile of Cardiff City Centre and benefits from good road links to the M4 with Junctions 32 and 33, 3.5 miles to the north and west. This prominent corner property provides a ground floor retail with basement storage. The upper floors are currently in a shell condition.

Available freehold at an asking price of £1.1m.

The ground floor Tenant is Savers Health and Beauty Limited, a national discount chain involved with retailing a variety of health, beauty, household, medicines and fragrances who have been in occupation since 1991.

Planning has been granted for conversion of the upper floors - Planning Application No. 20/02532/MNR

Passing traffic is in excess of 8,000 vehicles daily.