Prime grade II listed building with over 4,000,000 visitors annually which forms the main entrance to Cardiff Market

• Occupies a fantastic pitch on St Mary Street, which is a prime leisure thoroughfare in the heart of Cardiff city centre

• Current total annual passing rent of £316,187 per annum (including landlord top-up)

• Totalling 20,099 sq ft NIA over basement, ground and five upper floors

• Consisting of four ground floor retail units, office accommodation across the upper floors and a bar/nightclub in the basement

• Within a minutes’ walk from the Principality Stadium which generates over 1 million entrants a year.

• Cardiff is the capital city of Wales with a population of over 350,000 people and over 1.5m people in the wider catchment area

• 80,000 students across four growing institutions of higher education

• ERV of circa £320,000 per annum

• Long-term asset management potential through lease re-gears, potential uplift in both office & retail rental values and repositioning

• Consent secured for change of use of the upper floors from Class E (Business) to Class C1 (Apart-hotel)

Offers are invited in excess of £2,500,000 (Two Million Five Hundred Thousand Pounds), which reflects a net initial yield of 11.41%, assuming purchaser’s costs of 6.94% and a capital value of £119 psf.