5, Castle Court, Dinas Powys
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Mixed use end of terrace property producing an annual income of £15,250
- Ground floor shop let at £7,750 per annum with lease expiry on 24th March 2030 with fixed rental uplifts
- First floor flat let at £625 per calendar month
- Freehold subject to existing tenancy agreements
- Guide Price £182,000 (plus fees)
- For sale via online auction from 23rd June - 25th June with bids closing at 12.00pm
- Located in popular village of Dinas Powys
- Available Immediately
- EPC Rating: GF (D-99) FF (D-63)
Description
Description - The property comprises an end of terrace mixed use three storey property with a retail unit on the ground floor and a 3 bed residential mainsonette flat on the first and second floors.
The ground floor is currently occupied and fitted out for its current use as a barber shop comprising of 2 No rooms and a WC facility. The first floor comprises a 3 bedroom maisonette flat which is currently let and occupied.
Guide Price - Guide Price of £182,000 (plus fees).
Auction Date & Time - For sale via online auction from 23rd June - 25th June with bids closing at 12.00pm. Lot number 152367.
Tenure - The property is available on a Freehold basis subject to the existing tenancy agreements as per the schedule below.
Tenancy Information - Ground Floor (Commercial)
Let at £7,750 per annum from 25th March 2025 expiring on 24th March 2030. There are fixed rent uplifts in 2026 & 207 to £8,000 per annum and £8,500 per annum respectively. Rent is payable quarterly in advance on the usual quarter days.
First Floor & Second Floor (Residential)
Let at £625 per calendar month
Total income £15,250 per annum
Viewing - Through Auction House Wales on , further information can also be obtained from Harris & Birt acting as joint auctioneers on .
Solicitors - Howells Solicitors, Fitzalan House. Ref: Howells Solicitors, Tel: .
Additional Fees - Buyer's Premium - £600 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of purchase price, subject to a minimum of £1,200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please refer to Auction House Wales for full information.
Brochures
5, Castle Court, Dinas Powys
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Eastbrook Station0.2 miles
- Dinas Powys Station0.5 miles
- Cogan Station1.1 miles
Notes
Disclaimer - Property reference 33932572. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harris & Birt, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Harris & Birt, Cardiff on 01446 501503.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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