Important Notice - Coronavirus (Of COVID-19)
Postponed | Lot 11

150 Holton Road, Barry, The Vale Of Glamorgan, CF63 4HL

Postponed

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 01/04/2020

Auction Time

17:00

Auction Venue

Online

Viewing Times:

Thu 19 Mar

15:00-15:30

Tue 24 Mar

15:00-15:30

Thu 26 Mar

15:00-15:30

Commercial Investment

A three storey mid terraced part let commercial investment comprising of a ground floor retail area to the ground floor currently let to the charity occupier Bobath Wales to the ground floor. A self-contained side entrance leads up to a former 60 cover café/restaurant which is set over the remaining upper two floors. The café/restaurant was previously let at £500 per month, we are also advised that the café/restaurant will be sold as is with a full range of stainless-steel commercial kitchen equipment along with other fixtures and fittings. The ground floor is currently let to Bobath at £14,000 per annum who are holding over from the original lease which expired in September 2019. Therefore, we are advised that a combined annual income of approximately £20,000 per annum would be achievable. The property is located within the pedestrianised area of the main high street in Barry, with other occupiers including Greggs, Iceland and Select amongst others.

Tenure

See Legal Pack

Ground Floor

(Not Inspected) Retail area plus further accommodation.

First Floor

Open dining area housing approximately 60 covers with open servery counter. Commercial kitchen, side hallway/lobby with access leading to fire escape platform.

Second Floor

Landing, male w/c, female w/c, two store rooms.

Outside

Rear lane access.

Viewing Schedule

Thursday 19th March 15.00 - 15.30 Tuesday 24th March 15.00 - 15.30 Thursday 26th March 15.00 - 15.30

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Vale of Glamorgan Council

Solicitors

Howells Solicitors, Elm Court, Cowbridge Road, Bridgend, CF31 2SR, Ref: Michael Smith, Tel: 01656 641061

Additional Fees

Buyer's Premium - 0.6% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.