The "Cogan Hotel" development on Hewell Street in Penarth is being sold at public auction on October 28th, 2025. The freehold interest in the property includes five flats, with a breakdown of one one-bedroom, three two-bedroom, and one three-bedroom apartment. The current service charge from the flats is £4,850 per annum. The buyer will not own any of the individual apartments or houses, but rather the freehold interest in the property. The sale includes a buyer's premium of 1.2% with a minimum of £1,200 (inc VAT) payable on exchange of contracts. The guide price is a guide only and can be subject to change up to and including the day of the auction. Viewings are available by appointment with Seel and Co.