Lot 119
    Flat
    1 Upper Kincraig Street
    Roath, Cardiff, South Glamorgan, CF24 3HA
    Please refer to auctioneer for more information
     
    Number 1
    A Mixed Use Investment and Rear Workshop Part Let Producing £29,940 Per Annum. Offered with Planning Permission for the Demolition of the Rear Workshop and Conversion of Seven Apartments.

    Description

    The property comprises an end of terrace building arranged to provide two ground floor retail units, a first floor three bedroom flat and a first floor rear workshop. Total G.I.A. approximately 4,000 sq ft.

    Tenure

    Freehold

    Location

    The property is situated on a mixed use road in the affluent Roath area, close to local shops and amenities. The open spaces of Roath Park and the city centre are within easy reach. Transport links are provided by Cathays rail station.

    Planning

    Cardiff Council granted the following planning permission (ref: 21/00258/MNR) on 8th December 2021: 'Demolition of rear workshop and conversion of 7 apartments with rear extensions and rear dormer roof extensions and associated works'. The property is suitable for other use classes, such as apart-hotel use, subject to planning.

    Note

    For additional 360 tours, please see the link below:

    Ground Floor Retail: https://my.matterport.com/show/?m=iUUh3osNurg

    Rear Retail: https://my.matterport.com/show/?m=eVtZEVhRjnz

    Flat: https://my.matterport.com/show/?m=8rn6fk6PKvo

    EPC Rating

    E

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    Front Shop Ground Shop Area Lease until 10th July 2024 £6,000 Per Annum
    Rear Shop Ground Shop Area Lease until 4th May 2026 £12,000 Per Annum
    Flat First Reception Room, Kitchen, Three Bedrooms, Bathroom AST until 25th May 2024 £11,940 Per Annum
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