Clifton Street, Cardiff CF24 1LQ

A Fully Let Substantial Semi-Commercial Freehold Property, comprising a Ground Floor Convenience Store (double shop, business unaffected) with Six Self Contained Flats above (2no. 2 Bed & 4no. 1 Bed). Newly available For Sale with an attractive return on investment, circa 8.4%, with uplift due.

Business is unaffected and remains in-situ.

Clifton Street is a secondary shopping district of mixed commercial and residential use, circa one mile East of Cardiff city centre, in a densely populated area. There are a number of high street brands including Tesco, Greggs, Premier, and the Post Office, as well as a number of independent retailers, coffee shops, and hairdressers. There is a one-way traffic system running north to south on Clifton Street, connecting the communities of Roath, Splott and Adamsdown. The locale is very popular with professionals looking to reside within in a most convenient location, with a comprehensive range of amenities close-by, and Cardiff City Centre within easy walking distance. Positioned mid-parade on bustling high street, this investment is ideal for investors looking for accommodation compatible with the increasingly popular "15 Minute City" urban planning trend, with a further income from the commercial entity.

As per the findings of the 2021 Census Cardiff grew from a population of 346,100 to 362,300 since 2011, which is the second largest population growth in Wales at 4.7%. Further to this, Cardiff is the most densely population local authority out of all of those in Wales. There is currently a significant shortage of rental accommodation in Wales, particularly for accommodation located within close distance of the City Centre. According to the 2021 Census, nearly one in four households in Wales is in private rental accommodation, which recent trends indicating that this is likely to grow.

Cardiff is the capital of Wales and its largest city. It has a distinctive character with an excellent quality of life and an international reputation. Many national cultural and sporting institutions are based in Cardiff, including the National Museum of Wales and the Millennium Stadium. Cardiff Castle sits in the centre of the city, bordered on one side by beautiful parkland and on the other by excellent shops, restaurants and nightlife. The waterfront area at Cardiff Bay is home to the Welsh Assembly and the Wales Millennium Centre arts complex.

Tenure: Freehold