Location: 88 & 88A Whitchurch Road, Heath, Cardiff, CF14 3LY
Summary: Fully let mixed use investment in popular location
Guide Price: SOLD
Full Description: A mid terraced property having rendered elevations beneath a pitched slate roof covering having a retail unit on the ground floor and a self-contained spacious one bedroom flat to the first floor ( which could be developed into a two bedroom flat). The building is located in a popular busy trading location close to local shops, Cardiff University Hospital, Companies House and has good access to the City Centre and A48/M4. Accommodation: Ground Floor – No. 88 – Retail Unit GF: Reception/waiting area, therapy room 1, therapy room 2, staff area, kitchen, w/c OS: Enclosed garden to rear First Floor – No. 88A GF: Self-contained entrance and hallway with storage and stairs to first floor FF: Lounge, kitchen/diner, double bedroom, bathroom OS: Terraced seating area to front. Tenancies: We understand that the ground floor unit is let by way of a 3-year lease from 19th June 2017 at a rent of £6,600 per annum. The first floor flat is let by way of an AST at £105 per week (payable 4 weekly). Therefore, the current income is a combined total income of £12,060 per annum. Tenure: Presumed Freehold – please refer to the legal pack for verification of tenure. Viewing: Auctioneers Office, Seel & Co Ltd (029) 2037 0117 Guide Price: £120,000+ Additional Fees: Buyers Premium – 0.5% with minimum of £600 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable 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.