Broad Street, Barry
£290,000
Commercial
Spacious Four Storey mixed-use investment property with 3 flats, detached coach house and basement located in this popular area of Barry with informed rents totaling £1875pcm (£22,500pa) representing an initial net yield of 7.7% with scope for further income streams with a vacant basement and coachhouse which could be used for a variety of uses and improved rents upon review.
Located in the charming town of Barry, this four-storey commercial property presents a lucrative investment opportunity not to be overlooked. With a spacious layout comprising 3 occupied flats, a detached coach house and a vacant basement this versatile space is ideal for a range of business opportunities. There is also a commercial unit currently being used as a takeaway located to the front on the ground floor which currently occupies a long lease (150yrs commenced 20/04/2016) - no rental income.
The property features a small courtyard to the rear providing additional outdoor space leading to the detached coach house.
Barry itself offers a bustling community with plenty of nearby points of interest, including local shops, restaurants, and amenities. Additionally, the town boasts excellent transport links, making it easily accessible to neighboring areas and within a short distance to Cardiff.
Tenure
Informed Freehold – please refer to legal pack for verification of tenure
Viewing
Viewing by appointment
COMMUNAL HALLWAY
7.14m x 0.89m (23'05" x 2'11" )
FLAT ONE - GROUND FLOOR
LIVING ROOM
4.01m x 2.62m (1.93m) (13'02" x 8'07" (6'04"))
KITCHEN
5.16m x 1.35m (16'11" x 4'05" )
BEDROOM
3.43m x 3.18m (11'03" x 10'05")
BATHROOM
3.00m x 1.73m (9'10" x 5'08")
FLAT TWO
LIVING ROOM
4.32m x 3.76m (14'02" x 12'04")
KITCHEN
3.86m x 3.10m (12'08" x 10'02" )
BATHROOM
1.68m x 1.65m (5'06" x 5'05" )
W/C
2.03m x 0.89m (6'08" x 2'11")
BEDROOM ONE
5.00m x 3.12m (16'05" x 10'03")
BEDROOM TWO
5.61m x 3.02m (18'05" x 9'11" )
FLAT THREE
HALLWAY
3.02m x 2.51m (9'11" x 8'03")
LIVING ROOM
5.03m x 3.71m (16'06" x 12'02" )
KITCHEN
3.28m x 2.49m (10'09" x 8'02" )
INNER HALLWAY
1.80m (5'11")
BEDROOM
3.81m x 2.64m (12'06" x 8'08" )
BATHROOM
2.69m x 1.65m (8'10" x 5'05" )
BASEMENT
MAIN FLOOR
8.69m x 6.20m (28'06" x 20'04")
W/C
1.73m x 1.22m (5'08" x 4'0" )
COACH HOUSE
6.40m x 5.97m (21'0" x 19'07" )
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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