Ground floor let to Union Burger Limited t/a Burger King
Includes office suites let to solicitors and Every Day Loans Limited
Active Management Potential
Residential Redevelopment Potential of Upper Parts (subject to consents)
Prominent corner position on Commercial Street close to the 40 unit Friars Walk Shopping Centre
7 minutes walk to University of South Wales
Neighbouring occupiers include Waterstones, Boots, Superdrug, Greggs, Iceland and Primark
Lot 5
Auction 16th July 2026
Rent £69,000 per Annum Exclusive with 1 office suite to be let
Status Sold
Price £440,000
Sector Restaurant, Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
12 miles south-west of Bristol, 12 miles north-east of Cardiff, 31 miles west of the M4/M48 Severn Bridge
Roads
A4042, A48, M4 (Junction 27)
Rail
Newport Railway Station (London Paddington approximately 2 hours, Cardiff Central approximately 12 minutes)
Air
Cardiff Airport, Bristol Airport
Situation
The property is situated in a prominent corner position on the east side of the pedestrianised Commercial Street at its junction with Austin Friars. Commercial Street is one of the city's principal retailing destinations. The property benefits from its close proximity to the modern Friars Walk Shopping Centre, home to occupiers including Next, H&M and Odeon Cinema. The University of South Wales is located approximately 500 metres to the south. Other nearby occupiers include Waterstones, Boots, Superdrug, Greggs, Iceland and Primark, whilst Euro Car Parks Stow Hill provides convenient public parking nearby.
Tenure
Freehold.
Location
Miles
12 miles south-west of Bristol, 12 miles north-east of Cardiff, 31 miles west of the M4/M48 Severn Bridge
Roads
A4042, A48, M4 (Junction 27)
Rail
Newport Railway Station (London Paddington approximately 2 hours, Cardiff Central approximately 12 minutes)
Air
Cardiff Airport, Bristol Airport
Situation
The property is situated in a prominent corner position on the east side of the pedestrianised Commercial Street at its junction with Austin Friars. Commercial Street is one of the city's principal retailing destinations. The property benefits from its close proximity to the modern Friars Walk Shopping Centre, home to occupiers including Next, H&M and Odeon Cinema. The University of South Wales is located approximately 500 metres to the south. Other nearby occupiers include Waterstones, Boots, Superdrug, Greggs, Iceland and Primark, whilst Euro Car Parks Stow Hill provides convenient public parking nearby.
Tenure
Freehold.
Description
The property, a substantial Grade II listed building comprises basement and ground floor restaurant accommodation together and self contained office suites on each of the upper three floors.
The upper floors may be suitable for residential conversion subject to obtaining the necessary consents.
The tenant of the ground floor, trading as Burger King, has recently undertaken a refurbishment programme.
VAT
VAT is applicable to this lot.
EPC
Basement and Ground Floor: Band B.
First Floor: Band E.
Second Floor: Band E.
Third Floor: Band F.
Description
The property, a substantial Grade II listed building comprises basement and ground floor restaurant accommodation together and self contained office suites on each of the upper three floors.
The upper floors may be suitable for residential conversion subject to obtaining the necessary consents.
The tenant of the ground floor, trading as Burger King, has recently undertaken a refurbishment programme.
VAT
VAT is applicable to this lot.
EPC
Basement and Ground Floor: Band B.
First Floor: Band E.
Second Floor: Band E.
Third Floor: Band F.
DEVONALD GRIFFITHS JOHN LIMITED (t/a DGJ Solicitors)(CRN: 05558546)(3)
3 years from 30/05/2019 (Holding over)
£9,000
Third
Office
89.70
966
VACANT POSSESSION
-
-
-
Total Approximate Floor Area
474.72
(5,108)
£69,000
(1) Unionburger Limited (CRN: 01856258) were incoporated in 1984 and are a major Burger King franchisee across South Wale. For the 53-week period ended 30 March 2025, Unionburger Limited (CRN: 01856258) reported Revenue of £21,339,290, Pre-Tax Profit of £1,073,843 and Net Assets of £2,247,024 (Strategic Report, Report of the Director and Financial Statements as published on Companies House: 18/06/2026). (2) Everday Loans Limited (CRN 05536115) was incorporated in August 2005 and currently operate from 59 unit nationwide (www.evlo.co.uk). (3) Devonald Griffiths John Limited (CRN 05558546) were incorporated in 2005 and operate from 5 locations across South Wales (www.dgjsolicitors.co.uk). The floor areas stated above are those published by the Valuation Office Agency/HMRC (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
