×


Home About Contribute Media Kit Contact Sign In
×







.


Property Industry News

Restaurant property sale completes in Cardiff


A restaurant property based in the heart of Cardiff has been bought by a locally-based, private property company in a deal worth circa £640,000.

Restaurant property sale completes in Cardiff


"Our client is extremely pleased to have secured such a good result during the lockdown period."
David Allen, Holt Commercial



A restaurant property based in the heart of Cardiff has been bought by a locally-based, private property company in a deal worth circa £640,000.

The property in St Mary Street, which is let to Lezzet Turkish Kitchen for a term of 20 years – expiring in 2039 – at £65,000 per annum, was sold on behalf of a family pension fund.

Calan Retail and Holt Commercial acted for the pension fund in the deal.

David Allen, director of Holt Commercial, said: “The buyer has shown great confidence in the long-term future of this particular area of Cardiff, which is so close to major redevelopments in the city.

“It really does back-up exactly what we have been saying about this kind of property for some time. If you have the right location and the right type of property, there are still deals to be done and still investment opportunities available.

“Our client is extremely pleased to have secured such a good result during the lockdown period.”

.


Property Business News - The new Help to Buy Equity Loan scheme is coming in to play for buyers, and for those in the North West, this will mean some changes.


Local Property Experts Weigh in on New Help to Buy Equity Loan Scheme

Property Business News - A couple who work for the NHS have found their dream home thanks to St Modwen Homes bespoke key worker incentive.


NHS couple find their dream home with St Modwen Homes key worker incentive

Property Business News - Almost 200 homeowners and 30 team members at six retirement communities across the North West have received their first dose of the Coronavirus vaccine. Adlington Retirement Living, which owns the developments, has on-site management teams who have helped homeowners to book their individual appointments.


Adlington Retirement Living communities complete first round of Covid vaccines

Property Business News - A parting wish from a friend s daughter who sadly passed away has prompted a kind-hearted property manager to pledge the annual rental income from one of his properties to a charity helping to research treatment for leukaemia.


Property Developer's Gift for Kaiya

Property Business News - As we head into 2021, out with the old, in with the new has never been more relevant. Many of us are looking for new and fresh ideas, and as we re all at home a lot more, our surroundings and how we have designed our spaces is more important than ever.


Top interior design trends well see in 2021

Property Business News - Housebuilder Miller Homes has relocated its North West office to Dalton Avenue at Birchwood Park in Warrington.


Miller Homes Relocates North West Office






Ten Times Ten

We transform your bright ideas into brilliant digital products.