Multi Purpose Building split over four floors including basement with vacant possession. Good Investment opportunity located in Adamsdown with local amenities and transport links nearby and within close distance to Cardiff City Centre. The property appears to be of brick and stone construction under a pitch tiled roof and does require substantial renovation both internally and externally. The whole building or just the upper floors and basement could be suitable for residential development or demolition in this popular area subject to any necessary consents.
There was planning previously approved by the local planning department and was renewed in 2017 but has now expired (17/00878/MNR) to demolish the building and rebuild with increased annex roof height.
Briefly the property comprises porch, entrance hallway, 4 rooms formally used as offices, kitchen and WC to the ground floor. Large Garage to rear with rear yard and courtyard with gated side access and to the rear. To the first floor there is a lounge, a room which could be used as a bedroom ,kitchen/dining and bathroom. To the second floor there are 2 rooms which could be used as bedrooms
Ideally located within a residential area the premises occupies a prominent kerbside trading position which could also be ideal for residential redevelopment subject to necessary consent. The building has convenient paved area to front ideal for parking and is situated in a prominent location close to the centre of the Cardiff.
For any further information please refer to the legal pack.
SF - 2 Rooms
FF - 3 Rooms and bathroom
GF - Hallway, kitchen, utility, 2 reception rooms, former entrance. Large Garage with side and rear gated entrance.
LGF - Basement with coal shaft.
OS - Paved Area To Front and enclosed rear garden
Informed Freehold – please refer to legal pack for verification of tenure
Viewing by appointment with Seel and Co – www.seelandco.com/auctions
Buyer's Premium - 1.20% 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.
Auctioneers Office, Seel and Co (029) 2037 0117
FOR SALE BY PUBLIC AUCTION on Tuesday, 4 February 2025 online via the Seel and Co website. Bidding will commence from midday on Monday, 3 February and conclude in order from Lot 1 at 4:00 pm on Tuesday, 4 February 2025
We've partnered with Cornerstone Commercial Finance to offer a wide range of finance options from bridging loans to development finance.
Apply for Finance* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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