Flats, 384 & 386 Cowbridge Road East... 4 bed block of apartments for sale

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Flats, 384 & 386 Cowbridge Road East... 4 bed block of apartments for sale

Flats, 384 & 386 Cowbridge Road East, Canton, Cardiff, Cardiff, CF5 1JJ
£260,000

Our Summary

  • FOR SALE BY ONLINE AUCTION - Lot - Commercial/Residential investment opportunity ONLINE AUCTION from 29th JULY-31st JULY A substantial freehold building comprising a ground floor retail unit and three flats
  • 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

Description

This substantial freehold building is being sold by online auction from July 29th to July 31st. The property features a ground floor retail unit, which currently houses a tanning booth business, as well as three flats above. The building is located on a main road with good road links to the city center and M4 motorway, and is close to local amenities and shops. The property has not been inspected by the auctioneers, but it is believed to comprise a retail area, three flats, and a rear yard and lock-up garage/store. The tenure is advised to be freehold, although this will need to be verified.