Commercial Property
.Available For Sale with full vacant possession a highly prominent 4-storey town centre property considered suitable for a variety of retail, business and hospitality uses.
.Possibility for conversion to residential (subject to relevant planning consent).
.Situated in a highly prominent location on the corner of Station Road and Victoria Road, Penarth.
.Immediately available For Sale, Freehold tenure and with full vacant possession at an asking price of £550,000.
Location - Situated in a highly prominent location fronting Station Approach and the corner of Station Road and Victoria Road Penarth Town Centre.
Penarth is one of the Vale of Glamorgan's most sought-after hospitality, retailing and residential destinations lying just 2 miles or so South of Cardiff Bay, 3 miles South of Cardiff City Centre and approximately 8 miles South-West of Junction 33 of the M4 Motorway via the A4232 dual carriageway.
Description - The property briefly comprises a traditionally built end of terrace 4-storey property that briefly comprises of self-contained ground floor retail unit and self-contained 3-storey office building.
The property is considered suitable for a variety of commercial uses subject to the obtaining of any necessary planning permission and also offers potential for residential conversion.
The property briefly provides the following accommodation: -
Self-Contained Retail Unit
Sales Area - 46.35 sq.m (499 sq.ft) NIA
Ancillary - 15.97 sq.m (172 sq.ft)
3-Storey Office/Business Space
Below Ground Floor/Ancillary Space - 33.6 sq.m (362 sq.ft)
First Floor - Open-plan Office Suite and Kitchen - 48.62 sq.m (523 sq.ft) NIA
Second Floor - 38.9 sq.m (419 sq.ft) NIA
Total Office/Business Space - 121.1 sq.m
(1,304 sq.ft) with restricted head room in part.
Tenure - The property is to be sold Freehold tenure and with full vacant possession.
Sale Price - £550,000
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
Epc - Energy Rating - Band C
Vat - All figures quoted are exclusive of VAT if applicable.
Anti Money Laundering Regulations - In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.
Viewing - Strictly by appointment only through
sole selling agents:
Messrs Watts & Morgan LLP
FOA Tomos Gould
Tel: (02920 712266)
Email: tomos.gould@wattsandmorgan.co.uk
FOA Matthew Ashman
Tel: (01656 644293)
Email: matthew.ashman@wattsandmorgan.co.uk
Watts & Morgan
