£99,000
Studio flat for sale
Clarke Street, Cardiff CF5
studio Flat Property description
FOR SALE BY PUBLIC AUCTION: The auction will take place online on 16th September 2025 at 04:00 PM with registration through our website.
Investment opportunity to acquire this Former Detached Church Hall in Caerau currently being mainly utilised as an established and long standing Nursery representing an initial gross yield of circa 9.0%.
Description
Former church hall with 3/4 of the building currently being used as buttons and bows day nursery originally belonged to St. David's Church. We have been advised that the nursery business brings in rent totalling £8709.96pa representing an initial gross yield of circa 9.0% and this rent has remained the same since 2016 when the initial lease commenced.
We believe there is further scope to improve this income if desired along with occupying the 1/4 of the church that currently unused. This impressive detached former church, located on Clarke Street presents a unique investment opportunity.
Approximately three-quarters of the building is currently occupied by the long-standing Nursery, a valued facility within the local community. The remaining space offers potential for further development, subject to appropriate planning consent and suitable for mixed-use purposes. The property boasts a distinctive Gothic-style exterior with glass windows in parts and a spacious interior, ideal for redevelopment.
The occupied portion is well-maintained and has been kept up to modern regulations by the nursery owners, while the undeveloped section requires modernisation. The building is open to further development opportunities, subject to obtaining the necessary planning permissions, offering flexibility for future projects. Internal inspection will be limited due to the nature of the business but we will inform all interested parties in due course when we can access for viewings.
Situated on Clarke Street, Caerau, the property benefits from a central community location with good access to local amenities and transport links in Cardiff.
For any further clarification on tenancies and incomes or any further information please refer to the legal pack.
No pre-auction offers will be considered on this property. This lot will be going to auction.
PLEASE NOTE - The established nursery operates as a long-standing business and tenant and we kindly ask for all interested parties not to contact the business directly in this regard and to address all enquiries in relation to the business or the building to either ourselves or your acting Solicitor in this matter. For any further questions or queries please refer to legal pack.
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (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
Internal inspection for viewings will be limited due to the nature of the Business however we will inform you via email if access can be granted. Viewing by appointment with Seel and Co
Investment opportunity to acquire this Former Detached Church Hall in Caerau currently being mainly utilised as an established and long standing Nursery representing an initial gross yield of circa 9.0%.
Description
Former church hall with 3/4 of the building currently being used as buttons and bows day nursery originally belonged to St. David's Church. We have been advised that the nursery business brings in rent totalling £8709.96pa representing an initial gross yield of circa 9.0% and this rent has remained the same since 2016 when the initial lease commenced.
We believe there is further scope to improve this income if desired along with occupying the 1/4 of the church that currently unused. This impressive detached former church, located on Clarke Street presents a unique investment opportunity.
Approximately three-quarters of the building is currently occupied by the long-standing Nursery, a valued facility within the local community. The remaining space offers potential for further development, subject to appropriate planning consent and suitable for mixed-use purposes. The property boasts a distinctive Gothic-style exterior with glass windows in parts and a spacious interior, ideal for redevelopment.
The occupied portion is well-maintained and has been kept up to modern regulations by the nursery owners, while the undeveloped section requires modernisation. The building is open to further development opportunities, subject to obtaining the necessary planning permissions, offering flexibility for future projects. Internal inspection will be limited due to the nature of the business but we will inform all interested parties in due course when we can access for viewings.
Situated on Clarke Street, Caerau, the property benefits from a central community location with good access to local amenities and transport links in Cardiff.
For any further clarification on tenancies and incomes or any further information please refer to the legal pack.
No pre-auction offers will be considered on this property. This lot will be going to auction.
PLEASE NOTE - The established nursery operates as a long-standing business and tenant and we kindly ask for all interested parties not to contact the business directly in this regard and to address all enquiries in relation to the business or the building to either ourselves or your acting Solicitor in this matter. For any further questions or queries please refer to legal pack.
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (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
Internal inspection for viewings will be limited due to the nature of the Business however we will inform you via email if access can be granted. Viewing by appointment with Seel and Co
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First listed
2 weeks agoClarke Street, Cardiff CF5
Marketed by
Seel & Co Auctions - Cardiff Desg, 8 Cathedral Road, Pontcanna Cardiff, Wales CF11 9LJCall agent on 029 2227 5081
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Clarke Street, Cardiff CF5 - Streetview
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