Summary - 28 High Street,Cathays,CARDIFF,CF10 1PU CF10 1PU
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Grade II Listed Victorian building with striking stone and brickwork facade.
- High street location directly opposite Cardiff Castle.
- Occupied retail space with a successful restaurant (Terra Mare Cardiff Ltd).
- Residential apartments sold off on long leasehold with a peppercorn rent.
- Total area of 3,727 square feet.
- Freehold tenure.
- Chain free.
**Potential Downsides:**
- Listed status may pose challenges for renovations.
- Very high crime rate in the area.
- Slow broadband speeds.
This remarkable investment property at 28 High Street, Cardiff, offers an exceptional opportunity for prospective buyers. The historic Grade II Listed building encompasses both a thriving restaurant on the ground and basement levels and five upper floors converted into residential apartments. Its prime location within Cardiff's bustling city center, directly opposite the iconic Cardiff Castle, guarantees high foot traffic, making it ideal for commercial use with the potential for expanded outdoor dining.
While the commercial space boasts a medium to large layout, perfectly suited for a vibrant restaurant or bar, the upper-floor residential units, each with separate access, provide additional investment potential. This cosmopolitan neighborhood is characterized by a multicultural student population, appealing to those considering rental opportunities. However, be mindful of the listed status, which may complicate future renovations, alongside the very high crime rate and slow broadband speeds in the area. Don’t miss out on this unique property that combines charm, investment potential, and an unbeatable location—ideal for savvy investors or those looking to enhance their property portfolio in the heart of Cardiff.
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