Capitol Shopping Centre - November 2005
The Capitol Shopping Centre is located within the prime retail area of Cardiff. The property is a freehold covered shopping centre with approximately 165,300 square feet of retail accommodation over two floors. It was constructed in 1990 and underwent extensive refurbishment and redevelopment in 1998/1999. Cardiff, as the capital city of Wales, is the principal retail and commercial centre for South Wales and in 2006 was ranked in the top 10 retail centres in the UK.
Key Facts:
- Acquired in November 2005
- Prime retailing location with 2 entrances onto Queen Street, the prime pedestrianised retail pitch
- Made up of 3 large stores, 36 retail units, a wine bar and cinema
- 165,3000 sq ft of retail accommodation over 2 floors
- 74% of current income is secured to national multiple retailers
- 420 integral car parking spaces
- Constructed in 1990 and comprehensively refurbished in 2001
- Estimated primary catchment area of approx 913,000 people (2006)
- Ranked in top 10 of the PROMIS centres
- Tenants include: H&M, Coast, Austin Reed, Vidal Sassoon, Jaeger, Fat Face and Hobbs
- Weekly footfall of 300,000 people
- Over 10.5 million tourists annually (PROMIS)