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3 - 4 Wharton Street - Westminster Buildings, Cardiff, VGL

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Westminster Buildings - 3-4 Wharton Street

Cardiff, CF10 1AG

Property type:Retail Sub type:Pub Status:Existing Year built:1900
Building size:12,018 sq ft
For sale price:£1,000,000 Price:£83.21 sq ft
Yield:8.47 %
Features:Air Conditioning, Security System, Roller Shutters, Storage Space

The property comprises an ornate period building constructed circa 1900 as a glassworks - laid out over four storeys.

The property is Grade II Listed and is prominently situated on a corner site at the junction with Bakers Row - in the heart of Cardiff City Centre.

Sale Notes:
The property comprises an attractive ornate period building laid out over four storeys, which is Grade II Listed. It occupies a prominent corner position on the junction of Bakers Row. The front left unit is a Greene King pub with Managers Apartment on the second floor, the far right unit is a retail shop over ground, basement and part and a Private Members Club is situated on the first and second floor with a Managers Flat on the third floor.

The property is held on a 250 year long leasehold interest from Cardiff Council at a peppercorn rent.

We are instructed to seek offers in excess of £1,000,000 subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 8.47%, assuming purchasers costs of 5.65%.

For full information please see attached brochure - versions available in both English and Welsh.

E J Hales
Daniel Griffiths
029 2037 8844

Matthew Morgan

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