Vacant commercial unit with development

This vacant commercial unit is located in a prime location in Cardiff. Accessed via an entrance directly from the pavement with stairs rising to the first floor, the accommodation extends to approximately 1,000 sq ft, offering substantial space for a range of commercial uses or reconfiguration, subject to consents. Planning consent (REF: 24 April 2023, 23/00812/FUL) has been granted for two first floor flats measuring 85m2 and 76m2, presenting a compelling opportunity for redevelopment. Proposed plans also include a new staircase with a cycle ramp and a communal landing at first floor level incorporating bin and cycle storage. Currently vacant, the unit is anticipated to achieve £1,100 per month (£13,200 per annum) subject to tenancy and due diligence. It also presents a potential opportunity for serviced accommodation, with two-bedroom rates in the area commanding upwards of £100 per night (subject to gaining necessary planning consents), which could reach £2,129 per month (£25,550 per annum) at 70% occupancy. The property is held on a leasehold basis with approximately 105 years remaining. Cardiff is a major commercial centre for South Wales, supporting strong occupier demand from professional services, independent operators, and national brands. The CF24 area benefits from established mixed-use surroundings, generating consistent daily footfall and passing trade. The city is well connected by road via key arterial routes linking to the wider M4 corridor, alongside rail links providing convenient access across the region and into the city centre.