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Sloper Road, Cardiff, CF11

Offers in Excess of
£1,250,000

£113.96 per sq ft

Business rates & charges may apply

Prideview Group, Middlesex
SIZE AVAILABLE

10,969 sq ft

1,019 sq m

SECTOR

Trade counter for sale

USE CLASSUse class orders: Class E

E

Key features

  • Freehold Trade Counter Investment
  • c.18 Years Unexpired Term
  • FRI Lease with Personal Guarantee and 9 Months Rent Deposit
  • 0.57 Acre Site
  • Adjacent to Cardiff City Stadium

Description

A substantial freehold trade counter/industrial investment prominently positioned on Sloper Road, Cardiff, CF11 8AB, immediately adjacent to Cardiff City Stadium, one of the city's key commercial and sporting landmarks.

The property comprises a modern, well-configured trade counter extending to approximately 10,969 sq ft (GIA) and occupies a generous site of 0.57 acres. The site benefits from excellent access, a large secure yard and forecourt parking, and a highly visible frontage ideal for trade and business use.

The premises are fully let to Plumget Limited, trading as IB Building Merchants, under a Full Repairing & Insuring (FRI) lease expiring 17th May 2043. The lease is subject to 5-yearly open market rent reviews, providing long-term income growth potential. The lease is further strengthened by the provision of a personal guarantor and a 9 month rent deposit.

Location: Highly prominent position adjacent to Cardiff City Stadium

Size: Approx. 10,969 sq ft on 0.57-acre site

Tenant: Plumget Ltd t/a IB Building Merchants

Rent: £70,000 per annum

Rent Reviews: Every 5 years to Open Market Rent

Term: 20 years from 17th May 2023 (expires May 2043)

Lease Type: Full Repairing and Insuring (FRI)

Deposit: £52,500 held (equivalent to 9 months' rent)

Covenant: Supported by a personal guarantee

VAT: Applicable


This is a rare opportunity to acquire a secure, long-term income-producing investment in a thriving commercial location, moments from central Cardiff and major transport links. The strong covenant, substantial deposit, and long unexpired lease term make this an ideal addition to any income-focused portfolio.

Sloper Road, Cardiff, CF11

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ninian Park Station0.3 miles
  • Grangetown Station0.6 miles
  • Cardiff Central Station1.0 miles

About Prideview Group, Middlesex

Prideview Place, 43 Church Road Stanmore HA7 4AA

The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.

We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.

We work closely with numerous propcos, traders, agents and vendors both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.

Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference Cardiff. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prideview Group, Middlesex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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