- No Commission
2 -10, Holton RoadFavourite
CF63 4HD Barry
8,715.00 ft² (809.65 m²)
Price on application
• Located in the Centre of Barry
• Ground Floor Retail Units with Offices Above
• First and Second Floor Offices Available
• Long leasehold for sale with 46 years remaining
• Annual Income £43,764 per Annum
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
|Floor||Size (Sq ft)|
Car Parking - To the rear of the property there is a car park which can accommodate up to 14 cars.
The property is elected for VAT and therefore VAT is applicable on all costs.
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.
The property is located in Barry town centre and occupies a prominent position on Holton Road, which is the town's main retailing area.