Bidding opens Monday 22nd June 2026 at Midday and closes Wednesday 24th June 2026 at Midday.
Description
Semi-Detached Mixed-Use Investment/Development
Offered for sale is this mixed-use semi-detached investment which also provides a development opportunity to the first-floor accommodation. The ground floor is currently let to a barber shop at £10,000 per annum to include the garden and former garage, which has been converted to an external store and is let on a 10-year term from 18/01/2024 and expires on the 17/01/2034, with a rent review due on the 18/01/2029.
We are advised by the seller that the ground floor was completely re-fitted and re-wired and the commencement of the current occupation. To the first floor is a self-contained office suite which in our opinion has the potential for redevelopment to residential accommodation, subject to all necessary consents. Alternatively, it could be let as its current office use and would command a rental income of circa £5,000 per annum looking at comparable market rents. We also are advised that the first floor was re-wired with new double-glazed windows fitted to the rear (already double-glazed to the front of the premises) in 2025, together with an overhaul of the current central heating system when a new boiler was also installed.
The building is located on a main thoroughfare on the Western side of Cardiff known as the A48, with plenty of foot and passing vehicular traffic. Similar local service occupiers are positioned nearby, and excellent access is provided to the M4 and the City Centre. There is also a bus stop positioned directly opposite the property.
Ground Floor - NOT INSPECTED
First Floor Self-contained entrance from the ground floor with stairs up to first floor office, which comprises of a hallway, three office rooms and a W/C.
Tenure Advised Freehold.
Viewing Through Auction House Wales on 02920 475184, alternatively, further information can also be obtained through our partner and managing agents Harris & Birt on 01446 771777
Tenure: Freehold
EPC Rating: Ground Floor - D First Floor - E
Important Notice to Prospective Buyers
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.
Buyers Premium
£900 inc VAT payable on exchange of contracts.
Administration Charge
1.5% inc VAT of the purchase price, subject to a minimum of £2100 inc VAT, payable on exchange of contracts.
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- Unconditional (Immediate Exchange)
Call the team on 01633 212 555 for more information
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