For Sale By Auction | 19:00, 12 December 2018 | Lot 4

222 Holton Road, Barry, The Vale Of Glamorgan, CF63 4HS

Sold £110,000

  • End of Terrace House
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 12/12/2018

Auction Time

19:00

Auction Venue

Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

Commercial Property with Development Potential

To be sold with Vacant Possession. The Property is located on the western end of Holton Road in the Town Centre of Barry. Barry is located approximately 8 miles to the west of Cardiff and 8.5 miles to the M4 Motorway.

Tenure

See Legal Pack

Description

The Property is a substantial end of terrace building on Basement, Ground, First and Second floor levels. There are 3 entrances into the building together with 1 private parking space at the rear of the building. Internally the property has been sub-divided to create a ground floor retail unit with office and W/c. The remainder of the Property is occupied and comprises of offices with ancillary areas. The Property is to be sold with vacant possession with the tenants vacating on the 1st January 2019. We believe that subject to the relevant planning permissions that it would be suitable for a change of use to residential.

Business Rates

From information gathered online from the valuation office we believe that the Property has a rateable value as beow: Ground Floor Front, 222 Holton Road: £6,200 p.a. 1st & 2nd floors rear of 222 Holton Road: £10,000 p.a The UBR for Wales (2018/2019) is 0.514 p to the £1.00. Parties are asked to make their own enquiries with the Local Valuation Office

Accommodation

The Property has been measured on an Net Internal Area basis and measures approximately 169.5 sq m / 1824 sq ft.

Viewing Schedule

Viewing is by appointment only, please contact David Jones to arrange. d.jones@auctionhouse.co.uk / 01633 212555

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Vale of Glamorgan Council

Solicitors

Spicketts Battrick, 3 - 4 Gelliwastad Road, Pontypridd, CF37 2AU, Tel: 01443 407221

Additional Fees

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 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.