Overview

Leasehold Available

The property comprises a ground floor unit which provides customer access to the lift and escalators that connect to the first floor banking hall.  The remainder of the first floor along with the whole of the second floor provide staff ancillary and office accommodation, the latter of which is cellular.  The upper floors traverse the entire footprint of 1-7 Queen Street. Tenure An effectively FRI lease for a term of years expiring 23/01/2021. Rent The current passing rent is £318,000 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £203,000.00 and the rates payable are £102,312.00 pa. The UBR for 2019/2020 is 50.40p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Cardiff is located in south wales and is the capital of Wales.  The property is located on the most western end of Queen Street/Kingsway and forms the principle pedestrianised shopping area for the city proper.  Many of the buildings on Queen Street were redeveloped in the mid-2000s and the street accommodates numerous key retailers.

Sizes and Measurements

Total Size

12,229sqft

Sales Area

1,293sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,293sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

4,853sqft

Status

Available

Available from

Immediately

Second & Third Floors

Details

Non-Sales

Size

4,634sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

1,449sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

23/01/2021

Lease type

Assignment

For rent

£318,000/pa

UBR

50.4p

Rateable Value

£203,000.00

Business Rates

£102,312/pa

Specification

  • Lease available
  • Prime Cardiff location
  • Opposite Cardiff Castle

Photos

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