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Market Chambers 5-7 St Mary St 20,999 sq ft 57% Let Office Property Cardiff CF10 1AT £2,500,000 (£119.05/sq ft) 11.41% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Prime grade II listed building with over 4,000,000 visitors annually which forms the main entrance to Cardiff Market
  • Consisting of four ground floor retail units, office accommodation across the upper floors and a bar/nightclub in the basement
  • Occupies a fantastic pitch on St Mary Street, which is a prime leisure thoroughfare in the heart of Cardiff city centre

EXECUTIVE SUMMARY

Offers are invited in excess of £2,500,000 (Two Million Five Hundred Thousand Pounds), which reflects a net initial yield of 11.41%, assuming purchaser’s costs of 6.94% and a capital value of £119 psf.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
20,999 sq ft
Costar Property Class
B
Year Built
1899
Price
£2,500,000
Price per sq ft
£119.05
Yield
11.41%
NOI
£285,250
Occupancy Rate
57%
Tenancy
Multiple
Number of Floors
7
Typical Floor Size
3,000 sq ft
Floor To Floor Height
10 ft
Plot ratio
2.84
Total Plot Size
0.17 ac

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste A
  • 1,348 sq ft
  • Office
  • Full Fit-Out
  • Now

Market Chambers is an attractive Grade II listed building comprising offices and retail units, and incorporates the main entrance to Cardiff Market. The offices are accessed through an entrance on St Mary Street, leading to a refurbished reception which provides bike storage for tenants. There is a lift and staircase leading to the upper floors. The office specification includes: Suspended ceilings with recessed lighting, raised floors with electric and data/comms distribution via floor boxes and carpeted floors. There are WC's and kitchen facilities within each demise.

  • 1st Fl-Ste B
  • 1,449 sq ft
  • Office
  • Full Fit-Out
  • Now

Market Chambers is an attractive Grade II listed building comprising offices and retail units, and incorporates the main entrance to Cardiff Market. The offices are accessed through an entrance on St Mary Street, leading to a refurbished reception which provides bike storage for tenants. There is a lift and staircase leading to the upper floors. The office specification includes: Suspended ceilings with recessed lighting, raised floors with electric and data/comms distribution via floor boxes and carpeted floors. There are WC's and kitchen facilities within each demise.

  • 2nd Floor
  • 3,222 sq ft
  • Office
  • Full Fit-Out
  • Now

Market Chambers is an attractive Grade II listed building comprising offices and retail units, and incorporates the main entrance to Cardiff Market. The offices are accessed through an entrance on St Mary Street, leading to a refurbished reception which provides bike storage for tenants. There is a lift and staircase leading to the upper floors. The office specification includes: Suspended ceilings with recessed lighting, raised floors with electric and data/comms distribution via floor boxes and carpeted floors. There are WC's and kitchen facilities within each demise.

  • 4th Floor
  • 3,092 sq ft
  • Office
  • Full Fit-Out
  • Now

Market Chambers is an attractive Grade II listed building comprising offices and retail units, and incorporates the main entrance to Cardiff Market. The offices are accessed through an entrance on St Mary Street, leading to a refurbished reception which provides bike storage for tenants. There is a lift and staircase leading to the upper floors. The office specification includes: Suspended ceilings with recessed lighting, raised floors with electric and data/comms distribution via floor boxes and carpeted floors. There are WC's and kitchen facilities within each demise.

Space Size Space Use Condition Available
1st Fl-Ste A 1,348 sq ft Office Full Fit-Out Now
1st Fl-Ste B 1,449 sq ft Office Full Fit-Out Now
2nd Floor 3,222 sq ft Office Full Fit-Out Now
4th Floor 3,092 sq ft Office Full Fit-Out Now

1st Fl-Ste A

Size
1,348 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

1st Fl-Ste B

Size
1,449 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

2nd Floor

Size
3,222 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

4th Floor

Size
3,092 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

1st Fl-Ste A

Size 1,348 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

Market Chambers is an attractive Grade II listed building comprising offices and retail units, and incorporates the main entrance to Cardiff Market. The offices are accessed through an entrance on St Mary Street, leading to a refurbished reception which provides bike storage for tenants. There is a lift and staircase leading to the upper floors. The office specification includes: Suspended ceilings with recessed lighting, raised floors with electric and data/comms distribution via floor boxes and carpeted floors. There are WC's and kitchen facilities within each demise.

1st Fl-Ste B

Size 1,449 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

Market Chambers is an attractive Grade II listed building comprising offices and retail units, and incorporates the main entrance to Cardiff Market. The offices are accessed through an entrance on St Mary Street, leading to a refurbished reception which provides bike storage for tenants. There is a lift and staircase leading to the upper floors. The office specification includes: Suspended ceilings with recessed lighting, raised floors with electric and data/comms distribution via floor boxes and carpeted floors. There are WC's and kitchen facilities within each demise.

2nd Floor

Size 3,222 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

Market Chambers is an attractive Grade II listed building comprising offices and retail units, and incorporates the main entrance to Cardiff Market. The offices are accessed through an entrance on St Mary Street, leading to a refurbished reception which provides bike storage for tenants. There is a lift and staircase leading to the upper floors. The office specification includes: Suspended ceilings with recessed lighting, raised floors with electric and data/comms distribution via floor boxes and carpeted floors. There are WC's and kitchen facilities within each demise.

4th Floor

Size 3,092 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

Market Chambers is an attractive Grade II listed building comprising offices and retail units, and incorporates the main entrance to Cardiff Market. The offices are accessed through an entrance on St Mary Street, leading to a refurbished reception which provides bike storage for tenants. There is a lift and staircase leading to the upper floors. The office specification includes: Suspended ceilings with recessed lighting, raised floors with electric and data/comms distribution via floor boxes and carpeted floors. There are WC's and kitchen facilities within each demise.

  • Listing ID: 38315869

  • Date on Market: 04/11/2025

  • Last Updated:

  • Address: 5-7 St Mary St, Cardiff CF10 1AT

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