FOR SALE BY PUBLIC AUCTION: The auction will take place online on 14th May 2024 at 04:57 PM with registration through our website.

Spacious mixed-use investment property in this popular area of Barry with informed rents totalling £1445pcm (£17,340pa) representing an initial net yield of 11.6%.

Description
Spacious mixed-use investment property in this popular area of Barry with informed rents totalling £1445pcm (£17,340pa) representing an initial net yield of 11.6%.

The property briefly comprises a ground floor commercial unit let to a specialist pet food store for £650 per month and a first and second floor maisonette for £795 per month. However, please consult the legal pack for confirmation of all tenancies.

The maisonette is accessed via a rear lane entrance and is laid out as a large sitting room, kitchen and bathroom to the first floor and three bedrooms to the second floor.

We will be adding further images and details in the coming days.

Accommodation
GF - Commercial unit, WC
FF - Kitchen, lobby, sitting room, further reception, bathroom.
SF - Three bedrooms

Informed Freehold please refer to legal pack for verification of tenureAdditional Fees
Buyer's Premium 1.2% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid 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.

Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button]

Viewing
Viewing by appointment with Seel and Co

This property is no longer available

Photos

3 bedroom terraced house for sale