£239,000

Retail premises for sale

  1. Property photo 1 of 4.
  2. Property photo 2 of 4.
  3. Property photo 3 of 4.
Freehold

£239,000

(£93.00/sq. ft)

Retail premises for sale

Retail Investment Property, 132 Holton Road, Barry CF63

2,570 sq. ft

Local area information

Property location

Nearby amenities

  • St Helen's Catholic Primary School 0.1 miles
  • Holton Primary School 0.2 miles
  • Barry Docks 0.4 miles
  • Barry Waterfront Ferry Terminal 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
•Immediately available For Sale a fully let 3-storey town centre investment property well located within Barry Town Centre.

•Briefly comprises of ground floor retail unit Let to Holland & Barrett Retail Limited and long established first and second floor café/tea rooms.

•Well located property within Barry Town Centre with occupiers in close proximity including wh Smith, Shoezone, Lloyds, Principality and Nat West Bank.

•Immediately available For Sale freehold tenure as a fully let investment property at an asking price of £239,000.

Location

The property is situated in a prime retailing pitch fronting Holton Road immediately opposite King Square and Barry Library with other well known occupiers in close proximity including Nat West, wh Smith, Nationwide, Shoezone and Principality.

Barry is the Vale of Glamorgan’s principal retailing commercial centre with Barry lying approximately 5 miles east of Cardiff Airport and 5 miles south west of Cardiff.

Description

The property briefly comprises of a traditionally built 3-storey town centre shop and premises that briefly comprises of a self-contained ground floor retail unit with ancillary basement area and self-contained first and second floor accommodation over.

The ground floor retail unit is well configured and occupied by Holland & Barrett Retail Limited with the upper parts occupied by The Fountain Tea Rooms Limited a long established café and tea rooms business.

Accomodation

The property briefly provides the following
accommodation:-

Ground Floor:
Retail Sales – 80.15 sq.m (862 sq.ft) NIA
Ground Floor Sales itza – 54.1 sq.m (582 sq.ft)
Ground Floor Ancillary – 28.47 sq.m (306 sq.ft)
Basement - 19.8 sq.m (213 sq.ft)

First Floor:
Tea Rooms – 43.75 sq.m (470 sq.ft)
Ancillary – 12.69 sq.m (137 sq.ft)

Second Floor Attic Storage

Tenure

The property is to be sold Freehold tenure subject to and with the benefit of the following occupational leases:-

Ground Floor Retail Unit – Let to Holland & Barrett Retail Limited under terms of a secure Fri lease expiring 11th June 2023 at a rental of £12,500 per annum exclusive.

The first and second floors are Let to The Fountain Tea Rooms Limited under terms of a secure 15 year lease expiring 30th April 2027 at a current rental of £6,750 per annum exclusive. This lease contains a rent review on the 30th April 2022

Sale Price

£239,000

Epc

Energy Rating - Band C

Vat

VAT is payable on the sale price.

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction.

Anti-Money Laundering

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
Tel: Email:

Please ask for Dyfed Miles or Matthew Ashman

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Watts & Morgan. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Watts & Morgan for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Vale of Glamorgan, The
  4. South Glamorgan
  5. Barry
  6. Holton Road

© 2024 Zoopla Limited. All rights reserved.

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.