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Bakers Row, Cardiff CF10 Detached house for sale
Bakers Row, Cardiff CF10
£225,000
Bakers Row, Cardiff CF10
£225,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 10th June 2025 at 04:06 PM with registration through our website
- Please note lot 26-27 St Mary Street in this auction which is connected with this property
- The property itself occupies the basement mainly, with a small semi-detached entrance building on the ground floor, facing Bakers row in the heart of Cardiff city centre and the approximate breakdown of the space is 351 sqft (33sqm) on the ground floor and 3,657 sqft (340 sqm) to the basement which runs under the property 26-27 St Mary street which we are listing for sale as the previous lot in this auction
Description
This nightclub investment property in Cardiff's city center is being sold by public auction and features a long-established tenant, Metro's, who have occupied the space for decades. The property spans approximately 4,000 square feet over the ground and majority basement areas, generating an annual income of £34,000, representing an initial gross yield of over 15%. The tenant is signed on a 10-year lease from 2025, with upward-only rent reviews every 5 and 10 years, and the property has been fully occupied by the nightclub since its inception. The property itself is situated in the heart of Cardiff, with a small semi-detached entrance building on the ground floor and a large basement area that runs under the adjacent property, 26-27 St Mary Street, which is also being sold as part of this auction.