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Modern and Spacious 4 bed Terraced property

Available

For Sale

Listed Jul 16, 2025

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£269,000

Available

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Description

"FOR SALE BY PUBLIC AUCTION The auction will take place online on 10th June 2025 at 04 36 PM with registration through our website.

Spacious Four Storey mixed use investment property in this popular area of Barry with informed rents totaling £1875pcm £22,500pa representing an initial net yield of 7.5%.

Description
Spacious Four Storey mixed use investment property with 3 flats, detached coach house and basement located in this popular area of Barry with informed rents totaling £1875pcm £22,500pa representing an initial net yield of 7.0% with scope for further income streams with a vacant basement which could be used for a variety of uses and improved rents upon review.

Located in the charming town of Barry, this four storey commercial property presents a lucrative investment opportunity not to be overlooked. With a spacious layout comprising 3 occupied flats, a detached coach house and a vacant basement this versatile space is ideal for a range of business opportunities. There is also a commercial unit currently being used as a takeaway located to the front on the ground floor which currently occupies a long lease 150yrs commenced 20 04 2016 no rental income. Please refer to the legal pack for tenancy information.

The property features a small courtyard to the rear providing additional outdoor space leading to the detached coach house. The building boasting a total of 4 bedrooms and 3 bathrooms, this property offers a generous 4109 sqft of space in reasonable condition with some modernisation required.

Barry itself offers a bustling community with plenty of nearby points of interest, including local shops, restaurants, and amenities. Additionally, the town boasts excellent transport links, making it easily accessible to neighboring areas and within a short distance to Cardiff.

Please refer to the legal pack for any further information required.

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

Viewing
Viewing by appointment with Seel and Co"