On Behalf of Cardiff Council - Mixed Use Mid Link Property
Ar Ran Cyngor Caerdydd - Eiddo Teras Cyswllt Canol Defnydd Cymysg
Offered for sale is a freehold mixed use mid terraced mid link property, we have not carried out any internal inspection, but we are advised by our client of the following. A retail unit to the ground floor (currently divided into 2 known as 79 & 79a), with a two bedroom flat above the commercial element to the first floor. The residential element can be accessed internally from the rear of no.79, and externally from the rear of the property.
The building is being sold subject to a long leasehold interest, which we are advised is due to end on the 24th March 2027. Therefore, the purchase offers a strong reversionary value, at the end of the long leasehold period for any incoming purchaser. We are also advised that the current income being generated is £6.30 per annum from the collection of ground rent.
Cynigir eiddo canol teras cyswllt canol defnydd cymysg rhydd-ddaliadol i’w werthu. Nid ydym wedi cynnal unrhyw archwiliad mewnol, ond cawsom ein cynghori gan ein cleient o’r canlynol. Uned fanwerthu ar y llawr gwaelod (wedi’i rhannu’n 2 ar hyn o bryd a adnabyddir fel 79 a 79a), gyda fflat dwy ystafell wely uwchben yr elfen fasnachol ar y llawr cyntaf. Gellir cyrraedd yr elfen breswyl yn fewnol o gefn rhif 79, ac yn allanol o gefn yr eiddo.
Mae’r adeilad yn cael ei werthu yn ddarostyngedig i brydles hir, y dywedwyd wrthym fydd yn dod i ben ar 24 Mawrth 2027. Felly, mae’r pryniant yn cynnig gwerth refersiynol cryf ar ddiwedd cyfnod y brydles i unrhyw brynwr. Cawn ein cynghori hefyd mai’r incwm cyfredol sy’n cael ei gynhyrchu yw £6.30 y flwyddyn o gasgliad rhent tir.
Please refer to the legal pack for confirmation of any tenancies, income and tenure.
Cyfeiriwch at y pecyn cyfreithiol i gadarnhau unrhyw denantiaethau, incwm a deiliadaeth.
The property is located in the Westerly Cardiff suburb of Ely and is positioned within a terrace of similar retail/mixed use properties. Good access is provided to the A48 and the M4.
Mae’r eiddo wedi’i leoli ym maestref Trelai yng Ngorllewin Caerdydd mewn teras o eiddo manwerthu/defnydd cymysg tebyg. Darperir mynediad da i’r A48 a’r M4.
Accommodation (We are advised of the following) Llety (Cynghorir ni o’r canlynol)
Ground Floor A3 - 79 Grand Avenue Llawr Gwaelod A3 - 79 Grand Avenue Cyfanswm y Llawr Gwaelod:
Retail: 34.7 sqm / 374 sqft Manwerthu: 34.7 metr sgwâr / 374 troedfedd sgwâr
Kitchen/Ancillary: 19 sqm / 205 sqft Cegin/Atodol: 19 metr sgwâr / 205 troedfedd sgwâr
Total Ground Floor: 53.7sqm / 579sqft Cyfanswm y Llawr Gwaelod: 53.7 metr sgwâr / 579 troedfedd sgwâr With 2 bedroom flat above
Gyda fflat 2 ystafell wely uwchben
Ground Floor Hair Salon – 79A Grand Avenue Salon Gwallt Llawr Gwaelod – 79A Grand Avenue
Retail: 26.6 sqm / 286 sqft Manwerthu: 26.6 metr sgwâr / 286 troedfedd sgwâr
Total Ground Floor: 26.6 sqm / 286 sqft Cyfanswm y Llawr Gwaelod: 26.6 metr sgwâr / 286 troedfedd sgwâr
Tenure: Deiliadaeth: Freehold subject to long leasehold interest ending on the 24th of March 2027. We are advised that the current annual income is £6.30 per annum, with a very strong reversionary value at the end of the long leasehold period.
Rhydd-ddaliad yn ddarostyngedig i brydles hir sy’n dod i ben ar 24 Mawrth 2027. Cynghorir ni fod yr incwm blynyddol cyfredol yn £6.30 y flwyddyn, gyda gwerth refersiynol cryf iawn ar ddiwedd cyfnod y brydles.
Further Information: Gwybodaeth Bellach: No internal access will be available, please contact the Auctioneers office for further information on 02920 475184.
Ni fydd mynediad mewnol ar gael, cysylltwch â swyddfa’r Arwerthwyr am ragor o wybodaeth ar 2920 475184.
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
£600 inc VAT payable on exchange of contracts.
1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Call the team on 01633 212 555 for more information
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