Bidding opens Monday 9th November at Midday and closes Wednesday 11th November 2026 at Midday.
Description
Two Warehouse/Store Units with Covered Yard Area for Investment with Development Potential in Popular Location
An opportunity to acquire two warehouse store units which are currently let with potential for residential development. The property is currently let, producing £6000 per annum which runs until the 31st of March 2027. The units are constructed from brick and are interconnecting at first floor level, with manual roller shutter door entry points and has a covered canopy yard area. An access driveway is provided by means of an gated archway. In our opinion, the buildings would suit continuation of the current tenancy, redevelopment of the site subject to all necessary consents, or use by an owner occupier. VOA has noted the measurement of the accommodation as 246 sqm not including the canopied area. Part of the ground floor to one of the units has a w.c and washroom. Part of the adjoining unit has a partitioned area whilst the remainder of the units are open plan.
The property is positioned in a popular location within close proximity to Maindy Barracks and the University Hospital of Wales, there are a vast array of local amenities and shopping facilities nearby, with Cardiff University and the City Centre also within walking distance. Excellent access is also provided to the A48 and the M4.
Viewing: Through Auction House Wales 01633 212555
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: See Legal Pack
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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