SAXBURY
THE HOWELLS BUILDING CARDIFF The Howells Building
A historic 1.7 acre, hospitality led mixed-use scheme with potential for hotel and apart-hotel (C1) use class CONTENTS
OVERVIEW 4
LOCATION 7
CONNECTIVITY 8
HOTEL SCHEME 9
APART-HOTEL SCHEME 15
BOUTIQUE HOTEL SCHEME 21
CARDIFF 28
THE NEXT STEP 30 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME OVERVIEW CARDIFF / THE NEXT STEP
Serviced apartment specialists, Saxbury, are delighted to be instructed on a 1.7 acre mixed-use site in central Cardiff.
Currently the House of Fraser department store, the site has been replanned to accommodate either a hotel (214 units), an apart-hotel (134 units) or a boutique hotel (64 units).
Saxbury invites all interested hospitality companies to come forward with their suggestions for one of the proposed schemes.
Address 20 St Mary St, Cardiff CF10 1TT
Accomodation 200+ Keys (STP)
Gross Internal Area 11,075m2
Use Class C1 Hotel / Apart-Hotel
THE HOWELLS BUILDING | CARDIFF 4 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME OVERVIEW CARDIFF / THE NEXT STEP
The Howells Building is one of Cardiff’s most iconic buildings com- prising a Grade II* listed department store built between the late 1860’s and early 1900’s and extended during the 1960’s.
Naissance Capital Real Estate Ltd. is the current owner of the build- ing. It’s key business includes originating, structuring and execut- ing commercial real estate investment and development strategies across the UK and United States of behalf of private banks and family offices.
The building originally comprised two stores, nine Victorian houses, a chapel, a brewery and a garage, but was remodeled over time to provide one major department store.
The property forms part of a major freehold island site with three frontages totaling circa 1.72 acres.
A bit of history...
In 1867, the fabric and furniture store relocated to 13 St Mary Street.
In 1869, a separate Howells carpet and millinery department opens on the same street, and occupies number 12.
By 1883, it occupied 9-14 St Mary Street and also included the old Biggs Brewery at the rear of Trinity Street. The street facade as it is known today was built.
By the early 1900s, Howells had sprawled across the St Mary Street neighborhood, taking over nine Victorian houses and a garage – the facades of which still exist today.
In 1931, a new four-storey building was opened on the corner of St Mary Street and Wharton Street.
In 1972, it was sold to House of Fraser and developed a reputation as the “Harrods of Wales”.
THE HOWELLS BUILDING | CARDIFF 5 St Mary Street
Wharton Street
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Situated between two semi-pedestrianised retail streets, the Howells Building is one of the most well-known and architecturally impressive buildings in Cardiff.
The site is within walking distance from Cardiff Central station, within sight of the Principality G Stadium (formally the Millennium Stadium) and K H is located within the capital’s most valuable retail 5 and residential zone. F 6 J
4 2 E I D A 1 B L C 3
The Howells Building
1 St David’s Hall 4 St David’s Retail Mall A The Citrus Hotel D Royal Hotel G Park Plaza Hotel J Holiday Inn
2 Principality Stadium 5 The Capitol Retail Mall B Radisson Blu Hotel E Sandringham Hotel H Mercure Hotel K Jury’s Inn
3 Cardiff Central Station 6 Queens Arcade C Clayton Hotel F Hilton Hotel I Park Inn by Radisson L Hotel ibis
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The Howells Building is located 0.3 miles from Cardiff Central train station, which provides frequent journeys to London Paddington in just over two hours and Bristol in around 50mins. Cardiff is also easily accessible via car as it is situated just off the M4 motorway, which leads directly to London. Buses to Cardiff Airport also run from Cardiff Central station, connect- ing the city to multiple destinations worldwide. The airport will receive another £6m investment and with new routes such as the one to Doha with Qatar Airways, the airport could have over two million annual visitors by March 2020.
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DEVELOPMENT OPTION ONE HOTEL SCHEME
THE HOWELLS BUILDING | CARDIFF 9 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME SCHEDULE OF AREAS CARDIFF / THE NEXT STEP
The suggested hotel layout comprises 16 floors, with 214 units ranging in size from 25.5 to 35m2 (subject to planning). The following schedule of areas and floor plans are indicative and can be revised to suit the operator’s requirements.
FLOOR AREA SCHEDULE SIZE (m2)
-1 Back of House 709
0 Staff Back of House 91
0 Lobby / F&B 572
1 Leisure 120 Image for illustration purposes only, credit to Loft Interiors to credit purposes only, illustration Image for 1 Conference & Banqueting 207
1 Administration 140
1 Staff room 68
2-15 Rooms & Suites 6,216
16 Roof Terrace 539
TOTAL 11,075
FLOOR STUDIO DDA PREMIUM SUITE TOTAL
0 2 - - - 2
2 9 1 2 - 12
3-14 12 2 2 - 16
15 - - - 8 8
TOTAL 155 25 26 8 214
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The shaded space BASEMENT demonstrates the hotel’s parameters within the overall site.
These plans demonstrate the proposed layouts of the hotel scheme and are not to scale.
FULL PLANS >>
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These plans demonstrate GROUND FLOOR the proposed layouts of the hotel scheme and are not to scale.
FIRST FLOOR
FULL PLANS >>
THE HOWELLS BUILDING | CARDIFF 12 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME FLOOR PLANS CARDIFF / THE NEXT STEP
These plans demonstrate SECOND FLOOR the proposed layouts of the hotel scheme and are not to scale.
THIRD FLOOR
FULL PLANS >>
THE HOWELLS BUILDING | CARDIFF 13 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME FLOOR PLANS CARDIFF / THE NEXT STEP
These plans demonstrate FOURTEENTH FLOOR the proposed layouts of the hotel scheme and are not to scale.
FIFTEENTH FLOOR
FULL PLANS >>
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DEVELOPMENT OPTION TWO APART-HOTEL SCHEME
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The suggested apart-hotel layout proposes 134 units, ranging in size from FLOOR AREA SCHEDULE SIZE (m2) 27 to 38m2 over 10 floors (subject to planning). The following schedule of areas and floor plans are indicative and can be revised to suit the operator’s -1 Housekeeping / Fitness Room - requirements. 0 Third Party Bar / Cafe 378
0 Back of House 286
1 Breakfast Bar / Lounge / Reception 125
1 Leisure 190
2 Fitness / Meeting Rooms 88
2 Meeting Room 31
1-10 Apartments 4,022
16 Roof Terrace 539
TOTAL 6,896
FLOOR STUDIO DDA PREMIUM 1 BED TOTAL
1 1 - 5 - 6
2 2 1 8 - 11
3 3 1 10 1 15
4,6,7 3 - 11 1 15
5,8 2 - 12 1 15
9 3 - 12 - 15
10 1 - 1 10 12
TOTAL 23 2 93 16 134 Image for illustration purposes only, credit to Loft Interiors to credit purposes only, illustration Image for
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The shaded space BASEMENT demonstrates the apart- hotel’s parameters within the overall site.
These plans demonstrate the proposed layouts of the apart-hotel scheme and are not to scale.
FULL PLANS >>
THE HOWELLS BUILDING | CARDIFF 17 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME FLOOR PLANS CARDIFF / THE NEXT STEP
These plans demonstrate GROUND FLOOR the proposed layouts of the apart-hotel scheme and are not to scale.
FIRST FLOOR
FULL PLANS >>
THE HOWELLS BUILDING | CARDIFF 18 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME FLOOR PLANS CARDIFF / THE NEXT STEP
These plans demonstrate SECOND FLOOR the proposed layouts of the apart-hotel scheme and are not to scale.
THIRD FLOOR
FULL PLANS >>
THE HOWELLS BUILDING | CARDIFF 19 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME FLOOR PLANS CARDIFF / THE NEXT STEP
These plans demonstrate TENTH FLOOR the proposed layouts of the apart-hotel scheme and are not to scale.
FULL PLANS >>
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DEVELOPMENT OPTION THREE BOUTIQUE HOTEL SCHEME
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The suggested boutique hotel layout proposes 67 units, ranging in size from 26.5 to 56.5m2 over four floors (subject to planning). The following schedule of areas are indicative and can be revised to suit the operator’s requirements.
FLOOR AREA SCHEDULE SIZE (m2)
-1 Back of House 795
0 Entrance Lobby 302
0 Restaurant / Retail 398
1-4 Rooms 2,205
TOTAL 4,512
FLOOR STUDIO DDA PREMIUM SUITE TOTAL
1-3 11 1 4 2 54
4 5 1 3 4 13
TOTAL 38 4 15 10 67 Image for illustration purposes only, credit to Loft Interiors to credit purposes only, illustration Image for
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The shaded space BASEMENT demonstrates the boutique hotel’s parameters within the site.
These plans demonstrate the proposed layouts of the boutique hotel scheme and are not to scale.
FULL PLANS >>
THE HOWELLS BUILDING | CARDIFF 23 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME FLOOR PLANS CARDIFF / THE NEXT STEP
These plans demonstrate GROUND FLOOR FIRST FLOOR the proposed layouts of the boutique hotel scheme and are not to scale.
FULL PLANS >>
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These plans demonstrate SECOND FLOOR THIRD FLOOR the proposed layouts of the boutique hotel scheme and are not to scale.
FULL PLANS >>
THE HOWELLS BUILDING | CARDIFF 25 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME FLOOR PLANS CARDIFF / THE NEXT STEP
These plans demonstrate FOURTH FLOOR the proposed layouts of the boutique hotel scheme and are not to scale.
FULL PLANS >>
THE HOWELLS BUILDING | CARDIFF 26 THE HOWELLS BUILDING | CARDIFF 27 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME CARDIFF CARDIFF / THE NEXT STEP
Cardiff City Council has secured £180m for the Metro Central Project which could create more than 30,000 jobs in the city centre over the next 10 to 15 years
Economy Tourism
• The economy of Cardiff and adjacent areas makes up • Visitors to Cardiff have risen significantly over the nearly 20% of Welsh GDP and 40% of the city’s work- last 10 years and this has been matched by an increase force are daily in-commuters from the surrounding in the money spent by those visiting. In 2013 the visitor south Wales area. economy was worth £1.05bn to Cardiff’s economy from 1.91m overnight trips and some 18m day visitors. • BBC Cymru have selected the Central Square scheme immediately in front of Cardiff Central • Cardiff has a population of over 335,000 and is the Station as its preferred option for a new 150,000 sq 11th most visited city in the UK by international ft headquarters and BBC executives in London have tourists, according to Visit Britain. Tourism directly now signed a 20-year lease. This move is off the back supports over 13,700 FTE jobs in the city. of seeing the creative industries sector in the capital continue to grow, with ITV Cymru Wales now in new • Cardiff is the 6th most booked city on Citybase. headquarters at 3 Assembly Square at the heart of Aviva’s Waterside scheme in Cardiff Bay.
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Investment Student Population Features & Attractions
• The regeneration programmes that have been put • Home to a range of exceptional universities, • Cardiff is also known as the ‘City of Arcades’ as it into action include world-class venues such as the Cardiff has become a hotspot for national and has the biggest concentration of indoor shopping Principality Stadium and Millennium Centre, the international students, with a student population of arcades in Britain, some of which date back to ultra-modern St. David’s Shopping Centre and more than 45,000 making up almost 12% of the city’s Edwardian times. Cardiff Bay, now the centre of Welsh politics with the entire population. Welsh Parliament building. • Cardiff Bay is the largest waterfront redevelopment • As demand grows for higher quality and a project in Europe which turned more than 2,700 acres • Cardiff City Council has secured a £180m investment greater quantity of accommodation opportunities of derelict land into world-renown attractions, costing project which could create more than 30,000 jobs in across the city, student rental rates have surged. over £102 million. the city centre over the next 10 to 15 years. • The revitalized waterfront at Cardiff Bay includes • Phase One of the Metro Central Project (building a the Wales Millennium Centre, home of the national new bus station), is already underway. Phase two of the opera, orchestra, theatre and dance companies, plus Project, which is expected to cost between £160m and shops at Mermaid Quay. Architect Richard Rogers’ £180m, includes: strikingly modern Senedd building houses the Welsh - The modernisation of Cardiff Central train station National Assembly. - A new coach station on the south side of the railway station - A cycle hub - Public realm improvements
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All interested parties should prepare a letter of intent [LOI] to include the following:
- Company covenant and history - Fully repairing lease term - Initial rent with rental uplift projections - Break requirements - Summary of FF&E and essential M&E requirements - Any mandatory development specifications and associated costs - Guarantees
Adam Lowenthal Director [email protected] +44 (0)7818 064 757
Ben Davis Director [email protected] +44 (0)7956 657 491
Beth O’Brien-Gore Marketing & Research [email protected] +44 (0)7904 855 673
THE HOWELLS BUILDING | CARDIFF 30 THE HOWELLS BUILDING CARDIFF
SAXBURY
+44 (0) 20 7243 8880 | [email protected] | saxbury.com
PROPERTY MISDESCRIPTIONS ACT 1991: We have not tested any apparatus, equipment, fixture, fittings or services, and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the prospective tenant must assume the information given is incorrect. Neither have we checked the legal documentation to verify legal status of the property or the validity of any guarantee. A tenant must assume the information is descriptive and for information only, until it has been verified by their own solicitors.The measurements supplied are for general guidance, and as such must be considered as incorrect. A tenant is advised to re-check the measurements themselves before committing themselves to any expenditure or other legal commitments. Nothing concerning the type of construction or the condition of the structure is to be implied from the photos of the property. These particulars may change in the course of time, and any interested party is advised to make final inspection of the property prior to exchange of contract.
MISREPRESENTATION ACT 1967: Whilst every care has been taken in the preparation of these particulars, and they are believed to be accurate and correct, they are provided for information only, are not warranted and no explicit or implied guaran- tee is given. We do not accept losses (whether directly or indirectly arising) from any error, inaccuracy or omission in these particulars. You should satisfy yourselves as to the correctness of the information given in these particulars.
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