Terraced house for sale
Key information
Property description & features
- Tenure: Leasehold (995 years remaining)
Investment retail unit extending to 240sqft (22sqm) approx located on the outskirts of Cardiff city centre. Let for £6500pa representing an Initial gross yield of 14.5%.
Description
Investment retail unit extending to 240sqft (22sqm) approx in the ground floor of this popular modern development on the outskirts of Cardiff city centre. Let for £6500pa representing an Initial gross yield of 14.5%.
We are informed the unit is let as a convenience store until October 2025 at £6,500pa but please examine the legal pack for confirmation of any and all tenancies.
The unit itself is a lock up retail unit in the ground floor of the very popular Brickworks development just to the South of Cardiff city centre and within very easy reach of Cardiff central station and the city centre beyond.
Accommodation
GF - Retail lock up unit.
Informed Long Leasehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (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]
Viewing
Viewing by appointment with Seel and Co
Places of interest
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Property reference 271538. 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 Seel & Co Auctions - Cardiff.
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Broadband availability and predicted speed: obtained from Ofcom on January 27, 2022
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 3, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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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