105 Wentloog Road, Rumney, Cardiff, South Glamorgan, CF3 3HD
Auction sale - Monday 19th February 2018
Sold for £222,000
- Freehold retail and residential investment
- Three commercial units and a large two bedroom flat
- Asset management opportunity
- Producing £27,600 per annum
The property is located at the prominent junction with Wentloog Road and Brachdy Road, in a predominately residential area on the eastern edge of Cardiff city centre, some 4 miles from Newport. Nearby occupiers include Rumney Gospel Chapel, Capital Business Park and local shopping retail units
The property comprises a two storey semi detached building of brick construction beneath a pitched tile roof arranged as three shop units on the ground floor and a large self contained two bedroom apartment at first floor level. The upper floor is accessed off the street via a small shared rear yard. The property has parking for several cars to the front and side of the property.
Cardiff Council (029 2087 2087) www.cardiff.gov.uk
Refer to the legal documentation
Energy Performance Certificate
|Address||Tenant||Floor||Use||Sq M||Sq Ft||Lease Terms||Rent £ pa|
|105 Wentloog Road||Individual||Ground||Retail - Flower Shop||32.44||349||10 years from 07/04/2017||£7,200|
|Individual||Ground||Retail - Hairdressers||18.22||196||10 years from 07/04/2017||£3,600|
|Individual||Ground||Retail - Barbers (3)||33.45||349||10 years from 09/04/2017||£9,600|
|Individual||First||Residential - Two bedroom flat||12 month AST from 01/01/2018||£7,200|
2) The property benefits from a CCTV system
3) The tenant is in occupation, however the lease is yet to be signed
Dentons UKMEA LLP
0207 320 3721
* Guide price
The guide price is an indication of the minimum price at which, or if a guide price range is given, within which, the seller is prepared to sell at the date of publication. The guide price is not an anticipated sale price or valuation. All prices quoted are subject to contract.
* Reserve price
The reserve price is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell.
Both the guide and reserve may be subject to change up to and including the day of the auction. The guide price does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price. On the fall of the hammer a buyer’s fee is payable of £990 inclusive of VAT.
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