Partly let Investment property of two retail units and one large apartment across the whole first floor, in this popular run of shops at the Victoria park end of Cowbridge Road East.
The property briefly comprises a vacant retail unit with a main shop area with a large storage area to the rear. Next door is another retail unit occupied by Hoskins Johnson Estate Agents with a main shop area and office to the rear. Upstairs and spanning the first floor of both properties is a large three bedroom apartment which is currently vacant and in need of decorative improvement.
We are informed that 498 Cowbridge road east is let for £12,000 per annum and that they are holding over and have been in occupation for 13 years. Please though consult the legal pack for further information and confirmation of the tenancy.
The spacious apartment comprises a ground floor entrance as well as rear entry, lobby, boiler room, sitting room, three bedrooms, shower room and kitchen. Benefiting from gas central heating provided by a modern combi boiler (not tested) and uPVC windows and doors.
Please see the full 3D VR tour once available.
498 - Ground floor Unit - Shop area with two offices to the rear, kitchen and WC - circa 730 sq.ft.
500 - 502 - Ground floor unit - Shop area, rear store, WC. circa 670 sq.ft.
498 - 502 - First floor - Three bedroom apartment with hallway, lounge, kitchen, shower room, boiler room.
Informed Freehold – please refer to legal pack for verification of tenure
Viewing by appointment with Seel and Co – www.seelandco.com/auctions or our joint auctioneers Matthew Jones of Fletcher Morgan on 02920 378921
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 r our joint auctioneers Matthew Jones of Fletcher Morgan on 02920 378921
FOR SALE BY PUBLIC AUCTION on Tuesday, 28 October 2025 online via the Seel and Co website. Bidding will commence from midday on Monday, 27 October and conclude in order from Lot 1 at 4:00 pm on Tuesday, 28 October 2025
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* 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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