-PMG market Sainsbury’s investment.
- Excellent location on one of the main arterial routes in Cardiff;
- New 15 year index linked lease to Sainsbury’s Supermarkets Ltd (Dun & Bradstreet rating 5A1) with a tenant option to break in year 10;
- RPI geared lease with 5 yearly upward only rent reviews capped and collared at 1% and 3% per annum compounded;
- Rent passing of £65,000 per annum (£16.25 per sq ft);
- Situated on Whitchurch Road (A469), a busy arterial road that connects with the city centre via Gabalfa interchange (junction with the A48 and A470) and the residential suburb’s of Cathays and Roath;
- Strong private and student residential catchment;
- Refurbished and highly prominent corner building, one of the most dominant buildings on Whitchurch Road, formerly occupied by Maskreys as one of their flagship furniture stores;
- Long leasehold interest – 999 year lease at a peppercorn;
- Dan Griffiths of EJ Hales (dan@ejhales.co.uk) selling agent- 02920 347133