Offers over
£1,250,000
(£113.96/sq. ft)
Light industrial for saleSloper Road, Cardiff CF11
10,969 sq. ft
About this property
Freehold Trade Counter Investment
C.18 Years Unexpired Term
Fr&I Lease with Personal Guarantee and 9 Months Rent Deposit
0.57 Acre Site
Adjacent to Cardiff City Stadium
A substantial freehold trade counter/industrial investment prominently positioned on Sloper Road, Cardiff, CF11 8AB, immediately adjacent to Cardiff City Stadium, one of the city's key commercial and sporting landmarks.
The property comprises a modern, well-configured trade counter extending to approximately 10,969 sq ft (gia) and occupies a generous site of 0.57 acres. The site benefits from excellent access, a large secure yard and forecourt parking, and a highly visible frontage ideal for trade and business use.
The premises are fully let to Plumget Limited, trading as ib Building Merchants, under a Full Repairing & Insuring (Fri) lease expiring 17th May 2043. The lease is subject to 5-yearly open market rent reviews, providing long-term income growth potential. The lease is further strengthened by the provision of a personal guarantor and a 9 month rent deposit.
Location: Highly prominent position adjacent to Cardiff City Stadium
Size: Approx. 10,969 sq ft on 0.57-acre site
Tenant: Plumget Ltd t/a ib Building Merchants
Rent: £70,000 per annum
Rent Reviews: Every 5 years to Open Market Rent
Term: 20 years from 17th May 2023 (expires May 2043)
Lease Type: Full Repairing and Insuring (Fri)
Deposit: £52,500 held (equivalent to 9 months' rent)
Covenant: Supported by a personal guarantee
VAT: Applicable
This is a rare opportunity to acquire a secure, long-term income-producing investment in a thriving commercial location, moments from central Cardiff and major transport links. The strong covenant, substantial deposit, and long unexpired lease term make this an ideal addition to any income-focused portfolio.
The property comprises a modern, well-configured trade counter extending to approximately 10,969 sq ft (gia) and occupies a generous site of 0.57 acres. The site benefits from excellent access, a large secure yard and forecourt parking, and a highly visible frontage ideal for trade and business use.
The premises are fully let to Plumget Limited, trading as ib Building Merchants, under a Full Repairing & Insuring (Fri) lease expiring 17th May 2043. The lease is subject to 5-yearly open market rent reviews, providing long-term income growth potential. The lease is further strengthened by the provision of a personal guarantor and a 9 month rent deposit.
Location: Highly prominent position adjacent to Cardiff City Stadium
Size: Approx. 10,969 sq ft on 0.57-acre site
Tenant: Plumget Ltd t/a ib Building Merchants
Rent: £70,000 per annum
Rent Reviews: Every 5 years to Open Market Rent
Term: 20 years from 17th May 2023 (expires May 2043)
Lease Type: Full Repairing and Insuring (Fri)
Deposit: £52,500 held (equivalent to 9 months' rent)
Covenant: Supported by a personal guarantee
VAT: Applicable
This is a rare opportunity to acquire a secure, long-term income-producing investment in a thriving commercial location, moments from central Cardiff and major transport links. The strong covenant, substantial deposit, and long unexpired lease term make this an ideal addition to any income-focused portfolio.
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