Retail premises for sale in Retail Investment Property, 132 Holton Road, Barry CF63

£275,000 (£107/sq. ft)
Retail premises for sale 2,570 sq. ft*
Interested in this property? Call +44 1656 220997 * or Request Details

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Property description



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.

The property briefly provides the following accommodation:-

Ground Floor:
Retail Sales - 80.18 sq.m (862 sq.ft) nia
Ground Floor Sales itza - 541.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

terms
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

VAT
VAT is payable on the sale price.

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

Viewing
Strictly by appointment only through
sole selling agents:

Messrs Watts & Morgan llp
Tel: Email:

Please ask for Dyfed Miles or Sara Magness

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Watts & Morgan, CF31 on +44 1656 220997 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Watts & Morgan, and do not constitute property particulars. Please contact Watts & Morgan for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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