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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 9th December 2025 at 05:06 PM with registration through our website
- Prime income producing five storey in Cardiff City Centre office building with development potential for alternative uses such as hotel, residential and aparthotel
- DescriptionPrime 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-story office building in Cardiff City Centre is up for sale by public auction on December 9, 2025. The property has a total floor area of over 37,000 square feet and generates an informed current income of £204,965 per annum, representing an initial gross yield of over 15%. The building has development potential for alternative uses such as a hotel, residential, or aparthotel, and a pre-app appraisal has been prepared to demonstrate its potential for conversion. The property is situated in the heart of Cardiff City Centre, surrounded by a mix of hotel, office, and residential uses, and is accessible via a dedicated reception area off Greyfriars Road. The building features a range of amenities, including a cooling system, double glazing, male and female toilets, showers on each floor, and bicycle parking. The freehold also includes five long leasehold interests, including the Park Plaza hotel, Parkview apartments, Laguna gym/spa, car park, and Greyfriars House Offices.