Evelyn Street, Barry CF63 Terraced house for sale

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Evelyn Street, Barry CF63 Terraced house for sale

Evelyn Street, Barry CF63
£335,000

Our Summary

  • FOR SALE BY PUBLIC AUCTION: The auction will take place online on 29th July 2025 at 04:33 PM with registration through our website
  • Freehold Investment opportunity to acquire this substantial end-of-terrace building on Evelyn Street in Barry
  • x2 A1 commercial units and granted planning permission for x3 1 bed flats and x2 studio flats
  • DescriptionInvestment opportunity to acquire this substantial end-of-terrace building on Evelyn Street in Barry
  • We understand that there is granted planning permission for change of use and external alterations, including partial demolition and extensions to facilitate the creation of 3 apartments and 2 studios providing significant residential development with the retention of the 2 commercial units (A1 use) on the ground floor
  • Planning Ref - 2024/00041/FUL
  • Please refer to the planning team at Vale Of Glamorgan council for any further information in relation to the planning permission
  • Internally the property includes a mix of commercial and potential residential spaces
  • The vacant ground floor commercial unit and upper floor are in need of complete renovation, while the other occupied commercial unit is fully operational and has undergone recent refurbishment
  • Please refer to your legal representative and the legal pack for further information on the business as we as an auction house are not exposed to further information in relation to the business details
  • The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price
  • Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction

Description

This substantial end-of-terrace building on Evelyn Street in Barry, Wales, is an investment opportunity that offers a mix of commercial and potential residential spaces. The property has a total area of approximately 5,629 square feet and features two A1 commercial units on the ground floor, one of which is currently vacant and the other is occupied by a convenience store. The upper floors are in need of renovation and have planning permission for conversion into three one-bedroom flats and two studio flats. The property is situated in a prominent location near Barry town center, offering good access to local amenities and transport links. The sale includes the occupied convenience store, but no stock will be left. The buyer will need to pay a buyer's premium of 1.2% with a minimum of £1,200 (including VAT) payable on exchange of contracts.