Unit 2 Capitol Shopping Centre, Cardiff
Cardiff, CF10 2HQ

  • map
Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311

Additional Downloads

Particulars

Specification

  • RETAIL
  • 1,508 sqft (140 sqm)
  • To let
  • On Application

Location

The Capitol Shopping Centre is well positioned within Cardiff City Centre on the pedestrianised Queen Street and adjacent to the second busiest railway station in Wales, Queen Street Railway Station. Occupiers nearby include Cafe Nero, 200 Degrees Coffee, KFC and Sainsbury's. A 400 space dedicated car park is also provided within the centre.

Description

The unit comprises a ground floor sales area with storage available in basement. The unit is accessed directly from both Queen Street and from within the main mall of the Centre. The unit benefits from good frontage on Queen Street.

The specification includes;

  • City Centre Location
  • Excellent Transport Links
  • A3 Uses Considered, Subject to Planning
  • 400 Space Dedicated Car Park

Viewings

To be arranged via joint letting agents Cooke & Arkwright and Jackson Criss.

Terms

The unit is available to let via a new lease for a term to be agreed on full repairing and insuring terms via a service charge.

Planning

We understand that the premises benefits from A1 use however other uses to include A2 and A3 uses will be considered, subject to the tenant obtaining all necessary planning consents.

Business Rates

£12,439 per annum

Service Charge

£11,443 per annum

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

Steve Phillips, Group Finance Director, Welsh Rugby Union Group