Commercial Property for sale in Barry
FOR SALE BY PUBLIC AUCTION: The auction will take place online on 4th February 2025 at 04:36 PM with registration through our website.
Three Storey Well Presented mixed-use investment property with ground floor commercial unit and self contained three bedroom maisonette on Holton Road in this popular area of Barry. Sold with vacant possession.
Well presented throughout this spacious three storey mixed-use property with the additional benefit of a basement briefly concludes of a ground floor commercial unit (formally fish and chip shop) which we understand currently holds an A3 license which was formally a fish and chip shop so could be great restaurant or takeaway business if desired with potential informed rents of approximately �12,000pa. To the first and second floors is a self contained three-bedroom maisonette with a potential informed rental income of approximately �950 pcm. We believe there is possibility and scope for further redevelopment if desired to create further income streams. Generous space to the rear of the property for off road parking.
These informed rents could approximately return a 12.6% gross yield.
Located in the charming town of Barry, this three-storey mixed use property presents a lucrative investment opportunity. The town 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.
Accommodation
GF - Commercial unit
FF & SF - 3 Bedroom Maisonette
Basement
Informed Freehold 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.
Shop -
Shop Floor - 4.55m x 8.76m (14'11" x 28'09" ) -
Middle Room - 4.22m x 3.66m (13'10" x 12'0" ) -
Rear Room - 3.84m (12'07" ) -
Maisonette -
Room One - 5.94m x 3.05m / 4.04m (19'06" x 10' / 13'03") -
Room Two - 3.96m x 2.59m / 4.75m (13'0" x 8'06" / 15'07" ) -
Shower Room - 3.23m x 1.55m (10'07" x 5'01") -
Kitchen - 3.53m x 2.41m (11'07" x 7'11" ) -
Living Room - 4.55m x 3.15m (14'11" x 10'04" ) -
Room Three - 4.04m x 5.94m / 3.20m (13'03" x 19'06" / 10'06" ) -
Room Four - 4.14m x 5.69m / 3.30m (13'07" x 18'08" / 10'10" ) -
Hallway - 0.97m (3'02" ) -
Hallway - 1.80m / 0.89m (5'11" / 2'11) -
Property Ref: 14293_33301129
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