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Units 1 & 2, 113 - 115 North Rd 7,299 SF 100% Leased Retail Building Cardiff CF14 3AD $1,282,103 ($175.65/SF)



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 SF |
|---|---|---|
| Gross Rental Income |
$88,510
|
$12.13
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$88,510
|
$12.13
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $88,510 |
| Annual Per SF | $12.13 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $88,510 |
| Annual Per SF | $12.13 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Security System
- Signage
- Energy Performance Rating - C
- Automatic Blinds
- Storage Space
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- 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 is a United Kingdom-based automotive servicing and repair company providing maintenance, inspection, and replacement services for vehicles. Its core service offering includes tyre fitting and replacement, brakes, exhausts, batteries, MOT testing, car servicing, and air conditioning maintenance. The company operates through a nationwide network of service centres and also offers mobile tyre fitting services. Founded in 1971, Kwik Fit has developed into a large automotive service network, serving private motorists, fleets, and business customers. Its operations are focused primarily in the United Kingdom, where it maintains a widespread presence across towns and cities, supported by an online booking platform for customer appointments. The company provides a range of vehicle parts and maintenance solutions and works with products from major manufacturers, offering both premium and budget options. Its services are delivered through technicians trained within the organisation, supported by in-house training programmes. Kwik Fit operates as part of Kwik-Fit (GB) Limited and is owned by Itochu Corporation. Its business model centres on providing accessible vehicle maintenance and repair services through a combination of fixed locations and mobile solutions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | Jul 2029 | ||
|
Services | - | - | Jun 2035 |
Nearby Major Retailers
Presented by
Units 1 & 2, 113 - 115 North Rd
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