Savills Student Development & Investment Team33 Margaret Street London W1G 0JD

+44 (0) 020 7409 8782

g Development site with a planning application submitted for 152 beds of student accommodation with ground floor (A1/A2/A3) commercial space

g Close to Cardiff University and South Wales University Campus

g The main Cardiff University Student Union is within 15 minutes walk (0.6 miles)

g Approximately 10 minutes walk to Cardiff city centre (0.5 miles)

g Busy area popular with students, surrounded by amenity

Student Accommodation Development Opportunity In Cardiff21-27 City RoadCardiff CF24 3BJ

savills.co.uk

11.6m

47

YMCA

45

10.7m

11.3m

LB

CITY ROAD

EAST GROVE LANE

Longcross Court

35

30

2

6

11

18

2220

16

38

2 to 12

11 to

13

26

College

31

St Peter's RC Church

Presby

Hall

Tk

1

11

8

11.6m

11.6m

12.2m

11.9m

TCB

TCB

CASTLE LANE

SHAKESPEARE STREET

BEDFORD PLACE

VERE STREET

OXFO

RD

STREET

ST PETER'S STREET

Playground

Centre

16

Court

St Peter's Court

17

40

1 to

27

4

3634

1

Pascall Court

42

46

38

50

19

48

44

54

El Sub Sta

15

5

29

1

52

Club

1

3

Cowper

Club

12

Community

31

6

25

54

6

Area : 1741.97 m² (18750.4 ft²)

0m 25m 50m 75m

21-27 City Road, Cardiff

Ordnance Survey © Crown Copyright 2015. All rights reserved. Licence number 100022432. Plotted Scale - 1:1250NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Description

The site is currently vacant and is being used as a surface car park. The site covers 0.4 acres (18,750 sqft).The site area is shown on the above site plan, outlined in red for identification purposes only. The site is held on two separate titles including one possessory title.

Location

The site is located in the heart of the student area to the south of Cathays and within a short walk to Queen Street station. City Road comprises a busy urban street with a variety of multicultural restaurants and other retail and leisure facilities. The area is very popular with students as it is close to various campus buildings belonging to universities and colleges in central Cardiff.

The site is situated towards the southern end of City Road between St Peter’s Street and The Parade. The site can also be access through Bedford Place.

Distances

Cardiff University Queen’s Building 0.2 miles

Cardiff city centre 0.5 miles

Cardiff University Student Union 0.6 miles

Cardiff Queen Street railway station 0.5 miles

University of South Wales Cardiff Campus 0.7 miles

Planning

Planning permission is being sought for a 152 bed student accommodation with ground floor (A1/A2/A3) commercial space. A decision is expected in November. The proposed scheme comprises 60 en-suite clusters and 92 self contained studios, including 8 accessible rooms arranged over two blocks. The cluster rooms vary between 13.2–19.8 sqm while the studios range between 17.6 and 20.3 sqm

The scheme is designed to include laundry facilities, cycle storage and 2 parking spaces along with over 1,000 sqft of (A1/A2/A3) commercial space.

Further information is available on the Council website under the reference: 15/02057/MJR link

Our clients’ architects have also designed an alternative scheme within the application envelope which has demonstrated a design of 149 studios.

21-27 City Road, Cardiff

Ordnance Survey © Crown Copyright 2015. All rights reserved. Licence number 100022432. Plotted Scale - 1:7500NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:-

Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Cardiff Demand / Supply Dynamics

Full time HE students 51,575

Existing university accommodation 8,549

Private purpose built accommodation (PBSA) 3,985

Development pipeline 3,052

Total existing PBSA 12,534

% students able to access PBSA 24%

% students in HMO/ at home 76%Source: HESA 13/14 & Savills

Cardiff is home to three Higher Education providers namely Cardiff University, Cardiff Metropolitan University and University of South Wales. There are 72,770 students of which 51,575 (71%) are full-time and are likely to require student accommodation over the life of their studies. Of these full-time students, 41,305 (80%) are full time undergraduates and 10,270 (20%) are full time postgraduates. The total number of international students is 14,705 (28.5%) with 2,590 (17.6%) from inside the EU and 12,115 (82.4%) from non-EU countries (HESA 13/14).

Tenure

Freehold.

A Possessory Title Indemnity was put in place in 2013 on the current site and will be amended upon receipt of planning consent to cover the new use as student accommodation.

VAT

Not subject to VAT

Terms

Offers are invited on an unconditional or conditional basis

University Beds

16%

8%

76%

Private Beds

Houses in Multiple Occupation

Important Notice

Savills, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Designed and Produced by Savills Marketing: 020 7499 8644 | September 2015

21-27 City Road, Cardiff

Ordnance Survey © Crown Copyright 2015. All rights reserved. Licence number 100022432. Plotted Scale - 1:35000

CGI Image

Further Information

Further details are available on the data room: www.savills.com/cityroad.

Access is available through self-registration.

For additional information please contact:

Alexandra Gumuchian agumuchian@savills.com 020 7409 8782 07807 999 484

Lizzie Whetman lwhetman@savills.com 020 7016 3863 07807 999174

Gareth Carter gcarter@savills.com 02920 368913 07807 999 125

NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.