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Units 1 & 2, 113 - 115 North Rd 7,299 sq ft 100% Let Retail Property Cardiff CF14 3AD £950,000 (£130.15/sq ft)



Investment Highlights
- Let to Kwik Fit and Halfords with a combined annual passing rent of £65,583
- Well-located on a busy main road offering buoyant retail pitches with strong tenant demand
- 7,299 sq ft GIA with a substantial shared parking area of 7,174 sq ft GIA
Executive Summary
Financial Summary (Actual - 2025) |
Annual | Annual Per sq ft |
|---|---|---|
| Gross Rental Income |
£65,583
|
£8.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£65,583
|
£8.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | £65,583 |
| Annual Per sq ft | £8.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £65,583 |
| Annual Per sq ft | £8.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
Property Facts
Amenities
- Security System
- Signage
- EPC - C
- Roller Shutters
- Storage Space
- Smoke Detector
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
Halfords Group plc is a publicly traded retailer and services provider focused on motoring, cycling, and related vehicle maintenance support. Founded in 1892, the company originated as a Birmingham-based ironmongery shop before expanding into bicycle parts and later broader automotive goods. Over time, Halfords evolved into a national brand supplying car parts, travel accessories, tools, and cycling equipment, while also extending into repair and servicing through its autocentre and mobile service operations. The company is headquartered in Redditch, Worcestershire, and is listed on the London Stock Exchange under the symbol HFD. Its operations include retail outlets, garages, and mobile service units across the United Kingdom and Ireland, providing both products and maintenance services. Halfords has expanded through strategic acquisitions, and its structure includes subsidiaries operating in vehicle servicing, tyre supply, and cycling equipment.
Kwik Fit began in 1971, when the first centre opened in Edinburgh, and the business has since grown into a broad automotive servicing and repair chain. The company provides tyres, tyre repair and replacement, brakes, exhausts, batteries, MOT testing, car servicing and air conditioning recharge across the United Kingdom. Kwik Fit also supports motorists through related mobility services, including bike repairs in partnership with Fettle. The business is a major fast-fit provider with a wide service offering for private drivers and vehicle maintenance needs.
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
|
Retailer | - | - | Jul 2029 | ||
|
Service type | - | - | Jun 2035 |
Nearby Major Retailers
Presented by
Units 1 & 2, 113 - 115 North Rd
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