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Greyfriars Road, Cardiff CF10 Detached house for sale
Greyfriars House, Greyfriars Road, Cardiff, CF10 3AL
£1,350,000
Greyfriars House, Greyfriars Road, Cardiff, CF10 3AL
£1,350,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 7th November 2025 at 12:00 PM with registration through our website
- November 7th 2025 - Prime income producing five storey in Cardiff City Centre office building with development potential for alternative uses such as hotel, residential and aparthotel
- DescriptionNovember 7th 2025 - Prime income producing five storey in Cardiff City Centre office building with development potential for alternative uses such as hotel, residential and aparthotel
- A pre-app appraisal has also been prepared to show the potential for the building to be converted to residential units
- Based on the report, our opinion would be that the building has potential for residential, hotel, aparthotel or PBSA conversion
- 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
A prime income-producing five-storey office building in Cardiff City Centre is up for auction on November 7th, 2025, with a guide price and reserve price to be confirmed. The property, Greyfriars House, has a current income of £204,965 per annum, representing an initial gross yield of over 15%. The building offers over 37,000 square feet of accommodation across five floors, with a dedicated reception area, cooling system, double glazing, and various amenities. The property also includes five long leasehold interests on a peppercorn rent, and a pre-app appraisal suggests potential for conversion to residential, hotel, aparthotel, or PBSA use. Situated in the heart of Cardiff City Centre, the property offers a mix of hotel, office, and residential uses nearby. Extended completion is available, and further information, including viewing arrangements, can be obtained through the auctioneers or agents listed.