High Yield Investment Property in Cardiff City Centre with Corporate Tenant

Description

£145,000 per annum income, increasing to £150,0008% yieldRenowned hospitality venue with corporate tenantLicensed for 700 capacityLicensed until 4:00 AMLocated in Cardiff city centre entertainment circuitA substantial freehold investment opportunity in the heart of Cardiff city centre, offering strong rental income and long-term asset security.The property currently generates an annual income of £145,000, rising to £150,000, providing an attractive 8% yield.The asset is let to an established corporate tenant and operates as a prominent hospitality and entertainment venue within one of Cardiff’s busiest nightlife locations.The premises are licensed for up to 700 people and benefit from a 4:00 AM licence, making it one of the city’s larger late-night venues.Property OverviewThe building is an attractive three-storey period property reflecting Cardiff’s historic Victorian architecture and extends to over 15,000 sq. ft.Originally known as the Philharmonic Hall, the property occupies a prime city centre position within Cardiff’s established leisure circuit, benefiting from high footfall and strong demand throughout the year.LocationCardiff is the capital city of Wales and one of the UK’s major commercial, sporting, and cultural destinations. With a resident population exceeding 350,000 and a wider catchment area of over one million people, the city continues to grow as a major economic and entertainment hub.The city benefits from major attractions including the Principality Stadium, Cardiff Bay, Welsh National Opera, New Theatre, ICC Convention Centre, and three major universities, all contributing to strong year-round visitor numbers and a vibrant hospitality sector.Investment PotentialThe property offers secure income through its current corporate tenancy. In the event of lease expiry, the scale, location, and licensing of the premises would be expected to attract significant interest due to the scarcity of comparable large-scale city centre hospitality venues.