High Street, Barry, CF62

DESCRIPTION

This terraced property provides for a ground floor Retail/Office unit which offers glazed frontage and three residential flats to the upper floors. The Retail/Office space offers carpet flooring, strip lighting and electric heating. The property also benefits from a two storey Coach House, Basement, Tea point and W.C.

LOCATION

Barry is a seaside town overlooking the Severn estuary within the Vale of Glamorgan.

The subject property is situated to a prominent position on High Street, within the retail/commercial centre of Barry. High Street is just off Broad Street (A4055) which is one of the main arterial routes through Barry. Barry Railway Station is within walking distance and provides direct access to Barry Island.

ACCOMMODATION

The accommodation briefly comprises:
Commercial
Ground Floor -
Front Retail             39.22 sq.m (422 sq.ft)
Basement               45.24 sq.m (486 sq.ft)
Office                      13.82 sq.m (149 sq.ft)
Tea Point                13.71 sq.m (148 sq.ft)
W.C.
 
Coach House     
Ground Floor           24.33 sq.m (262 sq.ft)
First Floor                26.28 sq.m (283 sq.ft)

Residential
First Floor
Flat 1                       26 sq.m (280 sq.ft)
Flat 2                       39 sq.m (420 sq.ft)
Second Floor
Flat 3                       56 sq.m (603 sq.ft)

Total Floor Area      283.6 sq.m (3,053 sq.ft).

TENURE/TERMS

Freehold - Subject to Current Occupational Contracts.

Flat 1 (Studio) – Vacant with a potential rent of £625 p.c.m.

Flat 2 (1 Bed) -                     £700 p.c.m. (£8,400 p.a.)

Flat 3 (1 Bed) -                     £750 p.c.m. (£9,000 p.a.)

RATEABLE VALUE

It is advised that interested parties make their own enquiries with the Commercial Rates/Council Tax Departments within the Vale of Glamorgan Council on .

ENERGY PERFORMANCE CERTIFICATE

The commercial property has an EPC rating of:

Energy Efficiency Rating                                 C:65

The residential EPC ratings are:

                                        CURRENT             POTENTIAL

Flat 1                                     E:41                       C:72

Flat 2                                    D:56                      C:75

Flat 3                                    C:73                      C:79

LEGAL COSTS

Each party to bear their own legal costs incurred in the transaction

VAT

In accordance with the Finance Acts of 1989 and 1997, VAT may be applicable to the purchase price. Prospective purchasers are advised to determine the VAT implications prior to entering into any agreement.

ANTI-MONEY LAUNDERING

The successful purchaser will be required to provide the necessary information to comply with Anti-Money Laundering (AML) regulations.

Disclaimer

Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract. Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact. They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy. Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial. While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.