Freehold Sale: A three storey semi-commercial property comprising an A3 takeaway to the ground floor and a separate 2 bedroom maisonette to the first and second floors. The property is Fully Let and producing a healthy income (business unaffected). Situated on a busy secondary shopping parade within this well-regarded and very popular locale.
This Freehold property is now available as an investment with the Tenants in-situ, 1 x Commercial Lease + 1 Assured Shorthold Tenancy (AST).
Income:
£12,000.00 per annum from the ground floor commercial unit.
£6,480.00 per annum from the two bedroom maisonette.
£18,480.00 per annum in total.
A three-storey, Victorian, mid-parade, semi commercial building, of stone-built elevation, under a pitched-slate roof, briefly comprising a ground floor pizza/kebab shop and a two bedroom maisonette over the first and second floors. The property is accessed from Cowbridge Road East, where the commercial and residential properties each have separate entrances.
The property is situated circa 1.6 miles West of Cardiff city centre, in a densely populated residential area.
We are informed the property is Freehold, though this must be verified by any interested parties' legal representative.
Ground Floor Sales: circa 372sq/ft
Rear Storage: circa 131 sq/ft
First Floor: circa 406 sq/ft
Second Floor: circa 270 sq/ft
Confirmation of funds required prior to viewing. We have access to comprehensive mortgage facilities if required, please ask for further details.
Contact David's Homes & Commercial to arrange an accompanied viewing for this property.