Bidding opens Monday 9th November 2026 at Midday and closes Wednesday 11th November 2026 from Midday.
Description
Freehold Mixed Use Investment on Behalf of Cardiff City Council
Buddsoddiad Rhydd-ddaliadol Defnydd Cymysg ar ran Cyngor Dinas Caerdydd
A mid terraced retail parade comprising of 6 x mixed use investments, each of the commercial units have three-bedroom maisonettes above and have been sold off on a long leasehold basis. The units currently provide a ground rental income of £25 per annum per unit, therefore providing a combined income of £150 per annum. The property provides a strong reversionary value, as the majority of the leases have between 27 and 38 years of the term remaining. No. 68 however has been recently extended and expires on the 28th of September 2180.
The parade at Plasmawr Road is positioned overlooking green space and has a parking area to the front, in a popular suburb of Cardiff. It has a good level of footfall and is located close to Ysgol Plasmawr. The area has a good array of amenities along with good transport links to the city centre and is also well positioned for the A48 and on to the M4.
The retail units have been extended at the rear with garages/storage units at the bottom of their demise.
Please refer to the legal pack for further confirmation of lease terms and rent for each individual units.
Rhes o unedau manwerthu canol-teras sy’n cynnwys 6 buddsoddiad defnydd cymysg. Mae gan bob uned fasnachol fflat deulawr tair ystafell wely uwchben, ac maent wedi’u gwerthu ar sail lesddaliad hir. Ar hyn o bryd mae’r unedau’n cynhyrchu incwm rhent tir o £25 y flwyddyn fesul uned, sy’n rhoi cyfanswm incwm o £150 y flwyddyn. Mae gan yr eiddo werth refersiynol cryf, gan fod rhwng 27 ac 38 mlynedd ar ôl o dymor y rhan fwyaf o’r lesoedd. Fodd bynnag, mae les Rhif 68 wedi’i hymestyn yn ddiweddar ac mae’n dod i ben ar 28 Medi 2180.
Mae’r rhes ar Ffordd Plasmawr yn edrych dros ardal werdd a lle i barcio o’i blaen, ac mae wedi’i lleoli mewn maestref boblogaidd yng Nghaerdydd. Mae lefel dda o draffig cerddwyr yn yr ardal ac mae’n agos at Ysgol Plasmawr. Mae gan yr ardal amrywiaeth dda o gyfleusterau yn ogystal â chysylltiadau trafnidiaeth da i ganol y ddinas. Mae hefyd mewn lleoliad cyfleus ar gyfer yr A48 a’r M4.
Mae’r unedau manwerthu wedi’u hymestyn yn y cefn, gyda garejis/unedau storio ym mhen pellaf yr eiddo.
Cyfeiriwch at y pecyn cyfreithiol am ragor o fanylion ynghylch telerau’r lesoedd a’r rhent ar gyfer pob uned unigol.
Viewings / Ymweliadau External viewings only. Tu Allan yn Unig.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
Tenure: Freehold
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
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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