City Centre Leisure Investment

The property comprises a modern purpose built, City Centre leisure complex anchored by a 15-screen, Cineworld, who have been in occupation since 2005. Comprising circa 106,274 sq ft of prime, mixed-use accommodation in Central Cardiff adjacent to the St David’s Shopping Centre, opposite the Admiral Insurance Group HQ and the Motorpoint Arena and in close proximity to Cardiff’s transport hubs. 58% of the income is secured to Cineworld for a further 11 years. Cineworld Group is one of the leading cinema operators in the world. The rent has recently been rebased. A number of exciting and complimentary lettings recently completed to Riley’s and Big Fang. A total income of £1,125,000 pax and a WAULT of 13.8 years to lease expiry and 12.5 years to break option.