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2 -10, Holton Road

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CF63 4HD Barry
Ref: 689

  • 8,715.00 ft² (809.65 m²)
  • Price on application

Description

Description

• Retail parade with offices above situated in a prominent position in Barry Town Centre
• Long leasehold for sale with 46 years remaining
• 5 ground floor retail units with offices above
• Annual Income of £43,764 per annum after deducting the ground rent

Specification

The property comprises a terrace of five ground floor retail units with self-contained offices located on the first and second floors. Internally, all five ground floor retail units have been interconnected to provide a combination of cellular and open plan office accommodation.

The general office specification includes the following:

  • Gas central heating
  • Suspended ceilings with recessed lighting
  • Perimeter trunking
  • Double glazed windows
  • Single passenger lift and stair access

Accommodation, Car Parking & Tenancy Schedule

FloorSize (Sq ft)
Ground2,895
First2,946
Second2,874
Total8,715

Measurements are on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice, 6th Edn. Floor areas are subject to re-measurement on an International Property Measurement Standards basis.

Car Parking - To the rear of the property there is a car park which can accommodate up to 14 cars.

Tenancy Schedule - A tenancy schedule can be found on page 3.

VAT

The property is elected for VAT and therefore VAT is applicable on all costs.

Terms

The property is currently held via a Long Leasehold Interest of 90 years from 1st November 1973 with a lease expiry of from 31st October 2063, subject to an annual rent of £14,000 per annum (until 31st October 2033). This is to be reviewed every 30 years to the current market ground rental value at that time. A copy of the head lease is available on request.

Use

The building permits the use of the demised premises as offices or shops or for any use falling within Class B1 and/or D1 of the Town and Country Planning (Use Classes) order 1987 or such other use as the lessor may consent to in writing (such consent not to be unreasonably withheld or delayed).

Location

Location

The property is located in Barry town centre and occupies a prominent position on Holton Road, which is the town's main retailing area.

Energy Rating

Energy Rating

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Contact

Contact
Rhydian Morris
Kate Openshaw
  Details

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.

For properties in Scotland:

  1. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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