78 Queen Street, Cardiff

Investment - Purchased

78 Queen Street, Cardiff

Price

£4,150,000

Rent

£325,000 pa

Description

The property is situated in a prime position adjacent to Next and Marks & Spencer and opposite WHSmiths, Holland & Barrett, Top Shop & Zara. The property is prominent with frontage onto both the prime section of Queen Street and Charles Street. The property benefits from a lease dated 1st June 2009 to Unionburger Limited (Burger King) for a term of 15 years from and including 25th December 2008 at a commencing rental of £325,000, exclusive. The lease provides for upward only rent reviews at 5 yearly intervals

Net Initial Yield

7.40%

Contact Us

Contact one of the team at KLM Retail

Call us on +44 (0)20 7317 3700