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"FOR SALE BY PUBLIC AUCTION The auction will take place online on 10th June 2025 at 04 30 PM with registration through our website.

Two storey mid terrace property with ground floor commercial space and first floor one bedroom apartment on the prominent Whitchurch Road in Cardiff with an approx. Initial gross yield of over 10%.

Description
Two storey mid terrace property with ground floor commercial space and first floor one bedroom apartment on the prominent Whitchurch Road in Cardiff with an approx. Initial gross yield of over 10%.

The property is situated at the southern end of Whitchurch Road immedaitely opposite Companies House and close to Talygarn Street. The two storey mid terraced property consists of a ground floor hair salon and 1 bed flat at first floor. To the rear is an enclosed garden yard which is an amenity area for the ground floor tenant. We understand the ground floor commercial unit is let by K Kilvington & R Eades t a ND Hair Team Limited for a term of 20 years from 2nd December 2014 at a Rent of £11,250 pa. The first floor apartment we understand is let on an assured shorthold tenancy
with rent of £575 pcm £6,900 pa .

Whitchurch Road is a vibrant area with regular bus services to the city centre which is 1.5 miles to the south. The property is situated within a block of local businesses such as Dough Thrower, Lay Lay Chinese Takeaway and Wingstack. The property is in close proximity to the University Hospital of Wales and Gabalfa Interchange which link the A48 and A470 , making it easily accessible from all areas of Cardiff and the M4 motorway.

The current Rateable Value of the property for the period 2025 26 is based on UBR multiplier of £0.568p.
The Rates Payable for 2025 26 are as follows
Rateable Value £9,600
Rates Payable £5,452
Interested parties to rely on their own enquiries to relevant Local Authority Rates Department.

For any further clarification please refer to the legal pack once available.

Accommodation
GF 667sq2 Ground Floor Commercial Unit
FF 494 sq2 1 bed flat

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 or our joint auctioneers Matthew Jones of Fletcher Morgan on

Viewing
Viewing by appointment with Seel and Co or our joint auctioneers Matthew Jones of Fletcher Morgan on"