Cardiff
RETAIL / LEISURE OPPORTUNITY TO LET
Cardiff PROMINENT GROUND FLOOR RETAIL / LEISURE OPPORTUNITY Capital Quarter Herbert Street Cardiff CF10 4BZ
1,883 - 3,873 sq ft (175 - 360 sq m) New student accommodation development with retail / leisure units on the ground floor.
Capital Quarter, Herbert Street, Cardiff, CF10 4BZ Location The development is located within the Capital Quarter landmark development in the heart of Cardiff City Centre’s Enterprise Zone. The Capital Quarter scheme comprises an existing 10 acre mixed used development which includes Grade A offices, student and residential accommodation, together with a multi-storey car park. There are over 1,000 employees on site with nearby offices occupiers including Eversheds, WSP, Network Rail and HSBC. The development is strategically located within close walking distance to Cardiff Central Railway Station and the prime retail core.
Accommodation
Business Rates
Area
Sq ft
Sq m
Unit 1
1,883
175
Unit 2
1,990
185
TOTAL
3,873
360
All measurements are approximate Gross Internal Areas. Planning Planning permission has been granted for A1 / A2 / A3 uses on the ground floor element but all interested parties should make their own enquiries to the Planning Department of Cardiff Council. Tel: 029 2087 2087 or www.cardiff.gov.uk. Lease The accommodation is offered by way of a new full repairing and insuring lease, for a term of years to be agreed. Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.
Rent Description The development comprises a brand new student accommodation scheme comprising 674 flats, apartments, studios, together with retail / leisure accommodation. The ground floor retail / leisure element has been designed to create two separate units, both fronting Herbert Street with vehicular access and parking to the rear. The Development is expected to be delivered by Autumn 2019.
On application.
Interested parties should make their own enquiries to Cardiff Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk. The units will be subject to a new rating assessment. References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement. Prospective tenants may be required to provide a rental deposit subject to landlords’ discretion.
Capital Quarter, Herbert Street, Cardiff, CF10 4BZ Energy Performance Certificate
Subject to Contract
The units are yet to be rated.
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
An EPC will be commissioned on completion of the development. The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent price. We recommend that the prospective tenants establish the implications before entering into any agreement.
Important Notice These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract. Viewing Arrangements For further information or to arrange an inspection, please contact the agents. Alder King Property Consultants 18 Park Place Cardiff CF10 3DQ
www.alderking.com Owen Young
Scott Jones
029 2038 1996
029 2039 1468
[email protected]
[email protected]
Ref: OY / 87682 Date: April 2018
Cardiff PROMINENT GROUND FLOOR RETAIL / LEISURE OPPORTUNITY Capital Quarter Herbert Street Cardiff CF10 4BZ
1,883 - 3,873 sq ft (175 - 360 sq m) New student accommodation development with retail / leisure units on the ground floor.
Capital Quarter, Herbert Street, Cardiff, CF10 4BZ Location The development is located within the Capital Quarter landmark development in the heart of Cardiff City Centre’s Enterprise Zone. The Capital Quarter scheme comprises an existing 10 acre mixed used development which includes Grade A offices, student and residential accommodation, together with a multi-storey car park. There are over 1,000 employees on site with nearby offices occupiers including Eversheds, WSP, Network Rail and HSBC. The development is strategically located within close walking distance to Cardiff Central Railway Station and the prime retail core.
Accommodation
Business Rates
Area
Sq ft
Sq m
Unit 1
1,883
175
Unit 2
1,990
185
TOTAL
3,873
360
All measurements are approximate Gross Internal Areas. Planning Planning permission has been granted for A1 / A2 / A3 uses on the ground floor element but all interested parties should make their own enquiries to the Planning Department of Cardiff Council. Tel: 029 2087 2087 or www.cardiff.gov.uk. Lease The accommodation is offered by way of a new full repairing and insuring lease, for a term of years to be agreed. Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.
Rent Description The development comprises a brand new student accommodation scheme comprising 674 flats, apartments, studios, together with retail / leisure accommodation. The ground floor retail / leisure element has been designed to create two separate units, both fronting Herbert Street with vehicular access and parking to the rear. The Development is expected to be delivered by Autumn 2019.
On application.
Interested parties should make their own enquiries to Cardiff Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk. The units will be subject to a new rating assessment. References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement. Prospective tenants may be required to provide a rental deposit subject to landlords’ discretion.
Capital Quarter, Herbert Street, Cardiff, CF10 4BZ Energy Performance Certificate
Subject to Contract
The units are yet to be rated.
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
An EPC will be commissioned on completion of the development. The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent price. We recommend that the prospective tenants establish the implications before entering into any agreement.
Important Notice These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract. Viewing Arrangements For further information or to arrange an inspection, please contact the agents. Alder King Property Consultants 18 Park Place Cardiff CF10 3DQ
www.alderking.com Owen Young
Scott Jones
029 2038 1996
029 2039 1468
[email protected]
[email protected]
Ref: OY / 87682 Date: April 2018
