Retail premises for sale in 4-Storey Town Centre Premises, Station Approach, Penarth CF64

•Available For Sale with full vacant possession a highly prominent 4-storey town centre property considered suitable for a variety of retail, business and hospitality uses.

•Situated in a highly prominent location on the corner of Station Road and Victoria Road, Penarth.

•Immediately available For Sale, Freehold tenure and with full vacant possession at an asking price of £550,000.

Location

Situated in a highly prominent location fronting Station Approach and the corner of Station Road and Victoria Road Penarth Town Centre.

Penarth is one of the Vale of Glamorgan’s most sought-after hospitality, retailing and residential destinations lying just 2 miles or so South of Cardiff Bay, 3 miles South of Cardiff City Centre and approximately 8 miles South-West of Junction 33 of the M4 Motorway via the A4232 dual carriageway.

Description

The property briefly comprises a traditionally built end of terrace 4-storey property that briefly comprises of self-contained ground floor retail unit and self-contained 3-storey office building.

The property is considered suitable for a variety of commercial uses subject to the obtaining of any necessary planning permission and also offers potential for residential conversion.

The property briefly provides the following accommodation: -

Self-Contained Retail Unit

Sales Area – 46.35 sq.m (499 sq.ft) NIA
Ancillary – 15.97 sq.m (172 sq.ft)

3-Storey Office/Business Space

Below Ground Floor/Ancillary Space – 33.6 sq.m (362 sq.ft)

First Floor – Open-plan Office Suite and Kitchen – 48.62 sq.m (523 sq.ft) NIA

Second Floor – 38.9 sq.m (419 sq.ft) NIA

Total Office/Business Space – 121.1 sq.m
(1,304 sq.ft) with restricted head room in part.

Tenure

The property is to be sold Freehold tenure and with full vacant possession.

Sale Price

£550,000

Legal Costs

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

Vat

All figures quoted are exclusive of VAT if applicable.

Epc

Energy Rating - Band C

Anti Money Laundering Regulations

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

foa Tomos Gould
Tel: Email:

Foa Matthew Ashman
Tel: Email: