12,512 sq ft(1,162.40 sq m)
Asking price £2,900,000

Cardiff, 27 High Street27 High Street, Cardiff, CF10 1PU

    Key features

    • Freehold
    • Low leisure and residential rents totalling £172,244 per annum

    Prime Leisure & Residential Investment

    About this property

    • The property comprises a mixed use asset extending to 12,512 sq ft (1,162 sq m) and is arranged over ground floor, basement, and three upper levels. The property benefits from a prime pitch on Cardiff’s busy High Street, being situated immediately adjacent to Castle Arcade and across the road from the entrance to High Street Arcade. The basement is let to The Potted Pig, the ground floor to Zizzi and there are six refurbished two bed apartments on the upper floors let on ASTs.

    Local information

    • The property is situated on the pedestrianized High Street at the heart of The Castle Quarter. The Castle Quarter is a historical part of Cardiff situated between the city’s retail and employment offer.
    • Cardiff boasts a retail catchment of 1.6 million people ranking the city 10th of the Promis centres nationally.
    • Cardiff benefits from 21 million tourists per annum, who boost local expenditure by almost £1.3 billion a year, in addition to a sizeable student population of 70,000.

    Additional information

    • Conservative restaurant rents for the quality of pitch (average £15.60 psf)
    • Six AST tenancies totalling £62,100 per annum (£850-£875 pcm per unit)
    • 64% leisure income and 36% residential income