Lot 23 - Shop & Flats, 384 & 386 Cowbridge Road East, Canton, Cardiff, Cardiff, CF5 1JJ

  • Unconditional Online Auction Sale
  • Guide Price* : £260,000+
  • Bedrooms: 4

Addendum

Please note - there are 5 flats in the building
29.07.25 - following on from an internal inspection today - we can confirm there are 4 vacant flats and one flat is let.

Lot 23 - Commercial/Residential investment opportunity

Description

ONLINE AUCTION from 29th JULY-31st JULY

A substantial freehold building comprising a ground floor retail unit and five flats.

The property is situated on a main road position close to local amenities and shops and good road links to the city centre and M4 motorway.

Accommodation

Please note the property has not been inspected by auctioneers however we believe it comprises
384
Ground: Retail area with tanning booths and rear kitchen/wc
Flat 1 (above shop)- Lounge, Kitchen, 2 bedrooms, bathroom
Flat 2 (above shop) Lounge, Kitchen, 2 bedrooms, bathroom
386
First:
Flat 3 - Lounge, kitchen, bedroom, bathroom
Flat 4 - Lounge, kitchen, bedroom, bathroom
Flat 5 - Lounge, kitchen, bedroom, bathroom
Outside: Rear yard and lock up garage / store to rear

Council Tax Band

B

Tenancies

Shop is Let at £600 pcm (£7,200pa)
One flat is Let but 2 are being sold vacant - Should offer scope to let in the future for £36,000 per annum

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* 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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Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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