The freehold interest in the Cardiff showroom of car retailer Cazoo has been sold in a multi-million-pound deal.
Acting on behalf of MVJ Capital property advisory firms Savills has sold the building to LXi REIT for £4.1m.
Cazoo Properties entered into a new 20 year lease last September on the purpose purpose-built car dealership property. Built in 1999 it provides nearly 18,000 sq ft of providing showroom, office and servicing space. It sits on a 1.61 acres site on the corner of Penarth and Hadfield Road.
