Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Cardiff House of Fraser could become boutique hotel

08 June 2018 by
Cardiff House of Fraser could become boutique hotel

The landlord of Cardiff's House of Fraser store has said the site could be transformed into a boutique hotel.

The department store chain has flagged the 270,000 sq ft site for closure as part of a rescue deal which, if approved, could see 31 shops close in early 2019.

Azeema Zaheer is chief executive of Naissance Capital Real Estate, the private landlord which owns the Grade II-listed building

She told BBC Radio Wales: "That site is perfect for a nice boutique hotel to come in. We've already started early stage conversations with three hotel groups that are very interested."

The retailer needs the approval of 75% of its creditors to go ahead with the rescue plan. Creditors will vote on the plan, which involves company voluntary arrangements (CVAs), on 22 June.

The store, known locally as ‘Howells', was established by James Howell in 1856. It was acquired by the House of Fraser group in 1972 and re-branded as House of Fraser in 2010, although retains some of its old signage due to its listed status.

Tommy Heaney to take over Arbennig Cardiff site >>

Premier Inn trialling smaller rooms in Cardiff hotel >>

Get The Caterer every week on your smartphone, tablet, or even in good old-fashioned hard copy (or all three!).

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking