PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Cardiff.
An unmissable chance to secure a sizeable yet affordable premises with clear potential to refurbish, repurpose or redevelop for added value.
The property is accessed via an entrance directly from the pavement, which leads to stairs rising to the first floor. A new staircase incorporating a cycle ramp has been proposed as part of the planning. At first floor level, planning has been granted to form a communal landing incorporating both bin and cycle storage, creating a practical and modernised approach to occupier needs.
With the unit currently vacant, the property is anticipated to achieve £1,100 per month, which is £13,200 per annum, subject to tenancy and due diligence. This positions the lot as an attractive prospect for both investors seeking to secure and grow income, and owner occupiers looking for well located space with future flexibility.
An unmissable opportunity for commercial investors aiming to acquire a large yet affordable premises. The property boasts fantastic development potential and is ready for an investor or developer to revitalise and bring back to life.
Location
Cardiff is a major commercial centre for South Wales, supporting strong occupier demand from professional services, independent operators and national brands. The CF24 area benefits from established mixed use surroundings, generating consistent day to day footfall and passing trade, with a broad base of nearby businesses and amenities. The city is well connected by road via key arterial routes linking to the wider M4 corridor, while Cardiff's rail links provide convenient access across the region and into the city centre for staff and customers. Ongoing improvement and investment across the wider city helps underpin confidence, supporting a resilient market for both commercial occupation and redevelopment led opportunities.
Accommodation
Net Internal Area: Approximately 1,000 sq ft
Terms
Guide Price: £92,000
Tenure: The property is offered on a leasehold basis with approximately 105 years remaining.
Planning: Planning consent (23/00812/FUL, 24 April 2023) supports conversion to two first floor flats, offering excellent development upside subject to consents.
Rateable Value: The rateable value has not been provided, and interested parties are advised to make their own enquiries with the local authority regarding business rates and any reliefs available, subject to eligibility.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.