The property is situated in the affluent area of Roath Park on Wellfield Road, 1 mile west of Cardiff City Centre, close to its junction with Albany Road.  Wellfield Road is a busy suburban street where occupiers include Caffe Nero, Lloyds Bank, Loungers, Tesco Express, Coffee #1, Marstons, Greggs, Subway and Lloyds Pharmacy – as well as a range of independent retailers and food / leisure outlets.

The property is The Globe Centre, a multi-let mixed use retail scheme comprising 14 retail and office units arranged at ground and first floor levels.  The property also comprises the renowned Globe Club which immediately adjoins the main centre, consisting of ground floor retail unit, nightclub and undercover car park for six cars.

The Centre generates a current total rental income of £312,496 per annum exclusive of VAT.

The property is freehold and we are seeking offers in the region of £4,000,000 (Four Million Pounds) subject to contract and exclusive of VAT – reflecting a Net Initial Yield of 7.28%.