Property for sale
Property description & features
- Tenure: Share of freehold
Located in the charming town of Barry, this four-storey commercial property presents a lucrative investment opportunity not to be overlooked. With a spacious layout comprising 3 occupied flats, a detached coach house and a vacant basement this versatile space is ideal for a range of business opportunities. There is also a commercial unit currently being used as a takeaway located to the front on the ground floor which currently occupies a long lease (150yrs commenced 20/04/2016) - no rental income.
The property features a small courtyard to the rear providing additional outdoor space leading to the detached coach house. The building boasting a total of 4 bedrooms and 3 bathrooms, this property offers a generous 4109 sqft of space in reasonable condition with some modernisation required.
Barry itself offers a bustling community with plenty of nearby points of interest, including local shops, restaurants, and amenities. Additionally, the town boasts excellent transport links, making it easily accessible to neighboring areas and within a short distance to Cardiff.
Please refer to the legal pack for any further information required.
Tenure
Informed Freehold – please refer to legal pack for verification of tenure
Viewing
Viewing by appointment with Seel and Co –
Additional Fees
Buyer's Premium - 1.20% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button]
Auction Details
FOR SALE BY PUBLIC AUCTION on Tuesday, 10 December online via the Seel and Co website. Bidding will commence from midday on Monday, 9 December and conclude in order from Lot 1 at 4:00 pm on Tuesday, 10 December 2024
Lot TBC
Auction
4
3
15 Broad Street, Barry, Vale of Glamorgan, CF62 7AB View map
Bidding not yet open
Minimum Opening Bid
£288,000
Bidding Opens On
9th Dec 2024 12:00
Scheduled End Date
10th Dec 2024 16:12
Additional Documents
Make an Enquiry / Offer
Apply for Finance
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Communal Hallway - 7.14m x 0.89m (23'05" x 2'11" ) -
Flat One - Ground Floor -
Living Room - 4.01m x 2.62m (1.93m) (13'02" x 8'07" (6'04")) -
Kitchen - 5.16m x 1.35m (16'11" x 4'05" ) -
Bedroom - 3.43m x 3.18m (11'03" x 10'05") -
Bathroom - 3.00m x 1.73m (9'10" x 5'08") -
Flat Two -
Living Room - 4.32m x 3.76m (14'02" x 12'04") -
Kitchen - 3.86m x 3.10m (12'08" x 10'02" ) -
Bathroom - 1.68m x 1.65m (5'06" x 5'05" ) -
W/C - 2.03m x 0.89m (6'08" x 2'11") -
Bedroom One - 5.00m x 3.12m (16'05" x 10'03") -
Bedroom Two - 5.61m x 3.02m (18'05" x 9'11" ) -
Flat Three -
Hallway - 3.02m x 2.51m (9'11" x 8'03") -
Living Room - 5.03m x 3.71m (16'06" x 12'02" ) -
Kitchen - 3.28m x 2.49m (10'09" x 8'02" ) -
Inner Hallway - 1.80m (5'11") -
Bedroom - 3.81m x 2.64m (12'06" x 8'08" ) -
Bathroom - 2.69m x 1.65m (8'10" x 5'05" ) -
Basement -
Main Floor - 8.69m x 6.20m (28'06" x 20'04") -
W/C - 1.73m x 1.22m (5'08" x 4'0" ) -
Coach House - 6.40m x 5.97m (21'0" x 19'07" ) -
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Property reference 33365956. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Knights Estate Agents - Barry.
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Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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