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16-20 Countisbury Ave 2,809 sq ft Retail Property Cardiff CF3 5SJ £560,000 (£199.36/sq ft)
INVESTMENT HIGHLIGHTS
- Rare Opportunity for a Freehold Semi-Commercial Investment
- Sought-After Shopping Parade
- Outstanding Further Potential
- Planning for 8no Apartments Above
- Good Income with 'William Hill' Commercial Tenant
- Rare Opportunity
EXECUTIVE SUMMARY
Freehold semi-commercial investment/development. Guide price £560,000.
Property briefly comprising a ground floor (circa 261 sqm) leased to 'William Hill Bookmakers' (business unaffected) along with substantial 1st & 2nd floors with planning approval for Eight Apartments. Suitable for developers seeking an existing income, with excellent further return potential. Current Commercial Income: £23,500.00 per annum.
Property briefly comprising a ground floor (circa 261 sqm) leased to 'William Hill Bookmakers' (business unaffected) along with substantial 1st & 2nd floors with planning approval for Eight Apartments. Suitable for developers seeking an existing income, with excellent further return potential. Current Commercial Income: £23,500.00 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,809 sq ft
Costar Property Class
B
Year Built
1950
Price
£560,000
Price per sq ft
£199.36
Tenancy
Single
Number of Floors
3
Plot ratio
0.48
Total Plot Size
0.13 ac
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16-20 Countisbury Ave
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