TRACK RECORD: Millennium Plaza, Cardiff CF10 1LA
Summary: Large leisure scheme adjacent to the Millennium Stadium.
Millennium Plaza is one of the largest leisure schemes in Cardiff.
It occupies a prime location on the River Taff, adjacent to the Millennium Stadium, the most visited attraction in Wales, and opposite Cardiff Central railway station.
The 1.01 acre site is held on a 150 year ground lease from Cardiff County Council that runs until 30 June 2149 at a peppercorn rent.
Millennium Plaza comprises 132,658 sq ft of leisure space arranged over basement, ground and seven upper floors. It is anchored by a 14-screen, 62,175 sq ft Vue multiplex cinema and also provides an activity zone and restaurant (due to open soon) and Pure Gym.
The property is accessed through a striking fully glazed atrium, which rises three storeys above ground level and overlooks one of the main entrances to the Millennium Stadium. There is a secondary access to on Wood Street and the entrance to the basement nightclub is at the junction of Scott Road.
RHP with Brunswick Mansford Ltd and Delancey built the site in the late 1990s. Crown Investments Ltd, a JV company owned by Guinevere Holdings Ltd Channel Hotels and Property Ltd, bought the Property in 2006. The property was sold to Mansford in 2011.
Wales-based property developers & investors covering all areas of South Wales as well as elsewhere in UK including :
Aberbargoed, Aberdare, Abercynon, Abergavenny, Blackwood, Brecon Beacons, Bridgend, Brynmawr, Caerphilly, Caldicott, Cardiff, Chepstow, Crickhowell, Cwmbran, Ebbw Vale, Hay-on-Wye, Hengoed, Hereford, Gloucester, Gwent, Merthyr Tydfil, Monmouth, Neath, Newport, Penarth, Pontypool, Pontypridd, Port Talbot, Raglan, Risca, Swansea, Tredegar, Treforest, Usk, Ystrad Mynach.