99 Queen Street Cardiff CF10 2BG

99 Queen Street
Cardiff
CF10 2BG

Prime Retail Parade comprising Four Units (to be offered individually)

Retail unit let to Fusion Students LLP t/a Student Fusion
Forms part of retail parade comprising four retail units to be sold as separate lots (lots 17-20)
Prime position on Cardiff's Queen Street
Forms part of an iconic building also occupied by the flagship Jurys Inn Hotel
Diagonally opposite The Capitol Shopping Centre
Nearby occupiers include Marks & Spencer, Zara, Pret a Manger and Holland & Barrett

Lot
19
Auction
11th July 2019
Rent
£65,000 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN
On behalf of a Major PLC

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Prime Retail Parade comprising Four Units (to be offered individually)

Retail unit let to Fusion Students LLP t/a Student Fusion
Forms part of retail parade comprising four retail units to be sold as separate lots (lots 17-20)
Prime position on Cardiff's Queen Street
Forms part of an iconic building also occupied by the flagship Jurys Inn Hotel
Diagonally opposite The Capitol Shopping Centre
Nearby occupiers include Marks & Spencer, Zara, Pret a Manger and Holland & Barrett

Lot 19
Auction 11th July 2019
Rent £65,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
High Street Retail
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN
On behalf of a Major PLC

Property Information

Location

Miles: 45 miles west of Bristol; 42 miles east of Swansea
Roads: A4161, A48, M4 (Junction 32)
Rail: Cardiff Queen Street; Cardiff Central Railway Station
Air: Cardiff Airport

Situation

The property is prominently situated in the heart of Cardiff's prime retail pitch, on the north side of the vibrant pedestrianised Queen Street. The property is located within close proximity of all three of the city's main shopping centres: Capitol Centre, Queens Arcade and St David's Centre. Nearby occupiers include Costa, WH Smith, Zara, Primark, Next, NatWest, Tesco Metro, Lush and The Jurys Inn Hotel.

Tenure

Virtual Freehold. Each lot is to be sold on a 999 year lease from 14/07/1978, less three days, at a peppercorn rent.

Location

Miles: 45 miles west of Bristol; 42 miles east of Swansea
Roads: A4161, A48, M4 (Junction 32)
Rail: Cardiff Queen Street; Cardiff Central Railway Station
Air: Cardiff Airport

Situation

Tenure

Virtual Freehold. Each lot is to be sold on a 999 year lease from 14/07/1978, less three days, at a peppercorn rent.

Description

The property forms part of an attractive period building and comprises a ground floor retail unit, with basement ancillary accommodation and a mezzanine retail floor. The Jurys Inn Hotel occupies the upper floors of the building, however this does not form part of the sale.

The adjoining retail units 89, 91, 93 and 95 Queen Street are lots 34-37 in the catalogue.

VAT

VAT is applicable to this lot.

EPC

Available in the legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

Available in the legal pack.

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews/ (Breaks)
Unit 99	Ground Mezzanine Basement	Retail Retail Ancillary	59.27 sq m 59.09 sq m 8.83 sq m	(638 sq ft) (636 sq ft) (95 sq ft)	FUSION GLOBAL MANAGEMENT LLP t/a Fusion Students (2)	3 years from 24/02/2017 until 23/02/2020 (3)	£65,000	24/02/2018
Total			127.19 sq m	(1,369 sq ft)			£65,000