The property is situated in the heart of Cardiff City Centre within the Churchill Way Conservation Area, immediately south of the newly reopened East Bute Dock Canal.

Churchill Way is a busy retail / business location where occupiers include Tesco, The Gym Group, Flannels, Toni & Guy, Nat West, Coral, numerous offices – as well as a range of independent retailers and food outlets – with residential units above.  This creates a vibrant mix that is popular with both local residents and students.  At the southern end of Churchill Way is The Utilita Arena – 5,000 capacity.  At the northern end is Queen Street – Cardiff’s prime retail thoroughfare.  Cardiff Queen Street Railway Station is only 100 meters to the east – whilst many bus routes leave from Churchill Way – both providing excellent connectivity.

Churchill Way and the immediate surroundings have seen significant investment in the last couple of years.  This includes opening up the canal/dock feeder at the top of Churchill Way and the associated landscaping/ streetscaping and the development of the Bridge Street Exchange student scheme – Cardiff’s tallest building.

The building provides 2 self-contained commercial units on the ground and lower ground, let to Peter Alan Limited and Feet in Focus (Wales) Limited. With 6 one bed apartments above.  The total income is £87,900 per annum.

The property is freehold and offers are sought in the region of £1,100,000 subject to contract and exclusive of VAT.  A purchase at this level reflecting a Net Initial Yield of 7.55% assuming purchaser’s costs of 5.85%.