Horace John, Forse & Co

Chartered Surveyors | Estate Agents | Property Management

Latest Residential For Sale

Llandaff, Cardiff
CF5 2AE
£140,000
SOLD
Subject To Contract

A photo of the above property

Latest Residential To Let

Furnished House to Let

Radyr Way, Cardiff
CF5 2NB
£650
PROPERTY TAKEN

A photo of the above property

Latest Commercial For Sale

PENARTH,
CF64 3ED
£560,000

A photo of the above property

Latest Commercial To Let

OFFICES

Gabalfa, Cardiff
CF14 3NA
£5,500
PROPERTY TAKEN

A photo of the above property

INVESTMENT

11 ROYAL BUILDINGS, STANWELL ROAD, PENARTH, CF64 3ED

Price: £560,000

[ View large image ]

Investment property made up of a Shop, Kiosk and 3 residential flats

A RARE OPPORTUNITY TO OWN A FREEHOLD PROPERTY IN PENARTH WHICH IS A PRIMARY SOUGHT AFTER LOCATION IN THE VALE OF GLAMORGAN, THE BUILDING IS CENTRAL TO PENARTH WITH BUS/TRAIN & CABS LINKS TO THE REST OF WALES AND AIRPORTS, ETC...

Forming part of the popular Royal Buildings Shopping Centre, a short distance away from Penarth Town Centre and having rail and bus services to Cardiffaround the corner and virtually opposite respectively. Penarth Promenade/Sea Front, with restaurants and pier, is a popular destination for visitors to the town and again is readily accessible.

The four storey plus part Basement/Lower Ground Floor property constructed prior to 1900 and comprising a large double fronted shop (used as a Betting Office) and small Kiosk on the Ground Floor, with seperate entrance leading to the three flats on the Upper Floors.

The flats require upgrading to meet fire regulation standards and presently lack central heating systems. The Third Floor Flat (No.3) is presently vacant and cannot be re-let until the Energy Performance rating is increased from "G" to at least level "E". The First Floor Flat (No.1) has an Energy Performance Rating of "F" and therefore improvement works are required to increase the rating to at least "E".

Constructed of solid brick walls, with feature rendered panels and mouldings to the Upper Floors on the front elevation and set under the original pitched slate roof, incorporating twin dormer windows with pitched roofs to the front slope. There is a single storey extension to the front elevation set under a flat roof.

The premises briefly comprises:-

GROUND FLOOR   

KIOSK (11A)    

A small lock-up shop with narrow display windows alongside the entrance door.

Use of W.C. on First Floor Half Landing.

8.20 square metres (89 square feet)

Rateable Value - £1,975

EPC Rating - E (121)

Let to Peter and Jenny Ford under a lease dated 27th October 2008 - Holding over at the reduced rental of £185.00 per calendar month exclusive of rates. Lessees responsible for internal repairs and decorations plus external decoration of the shop front (subject to restrictions).

SHOP/BETTING OFFICE (11B)

A double front shop with central entrance door.

Internal Frontage (max.) - 7.92 metres (26'0")

Internal Rear Width to Sales/Counter areas - 5.71 metres (18'9")

Internal Depth to Rear of Sales/Counter area - 10.66 metres (35'0")

Sales/Counter Area - 72.17 square metres (777 square feet)

Staff Area/Kitchen - 2.15 square metres (23 square feet)

Store Cupboard - 0.99 square metres (10 square feet)

Staff W.C. facility

Customer W.C. facility

Rateable Value - Not identified

EPC Rating - C (165)

Let to Ladbrokes Coral Group under a Lease dated 28th April 1997 - Holding over at a rental of £6250.00 per annum exclusive of rates payable quarterly in advance. Lessee responsible for internal repairs and decorations plus maintenance and repair of the shop front. The Lessee also reimburses 30.83% of the annual building insurance premium.

RESIDENTIAL ACCOMODATION

COMMUNAL ENTRANCE HALL

Electric meters for the three flats. Door leading down to the Basement/Lower Ground Floor Room (with door giving access to the small enclosed rear yard).

Staircase leading to the upper Floors.

FIRST FLOOR

HALF LANDING

W.C. - For the use of the Lessee of the Kiosk (11A)

FIRST FLOOR FLAT (No.1)

Comprising an Entrance Lobby, Living Room with door to Front Double Bedroom, Rear Kitchen and Rear Bathroom / W.C.

Council Tax Band - D

EPC Rating - F (21). Works need to be undertaken to raise raise this rating to at least level E.

Let on an unfurnished basis to Anthony John Jones under an Assured Shorthold Tenancy Agreement for a term of two years from 4th May 2017 at a rental of £475 per calendar month exclusive.

SECOND FLOOR FLAT (No.2)

Comprising an Entrance Lobby, Living Room, Two Bedrooms, Kitchen, Bathroom and Seperate W.C.

Council Tax Band - D

EPC Rating - E (52)

Let on a protected tenancy to Mrs June Hart at the registered rental of £101.00  per week exclusive. The registered rental has been effective since 12th August 2017.

THIRD FLOOR FLAT (No.3)

Comprising an Entrance Lobby, Living Room, Bedroom, Kitchen (with restricted headroom) and Bathroom/W.C. (with restricted headroom)

Council Tax Band - D

Energy Performance Rating - G (11). Works need to be undertaken to raise this rating to at least level E.

The Flat is vacant as it cannot be re-let until the Energy Performance rating is increased to at least level E.

TENURE - FREEHOLD

PRICE - £560,000

VIEWING - STRICTLY BY APPOINTMENT ONLY

Energy Performance Certificate (EPC)

This home's performance is rated in terms of the energy use per square metre of floor area, energy efficiency based on fuel costs and environmental impact based on carbon dioxide (CO2) emissions.

Energy Efficiency Rating
Current Potential
Very energy efficient – lower running costs    
(92-100) A    
(81-91) B    
(69-80) C   79
(55-68) D    
(39-54) E 52  
(21-38) F    
(1-20) G    
Not energy efficient – higher running costs    
England & Wales
EU Directive
2002/91/EC

The energy efficiency rating is a measure of the overall efficiency of a home. The higher the rating the more energy efficient the home is and the lower the fuel bills will be.

Environmental Impact (CO2) Rating
Current Potential
Very environmentally friendly – lower CO2 emissions    
(92-100) A    
(81-91) B   81
(69-80) C    
(55-68) D 60  
(39-54) E    
(21-38) F    
(1-20) G    
Not environmentally friendly – higher CO2 emissions    
England & Wales
EU Directive
2002/91/EC

The environmental impact rating is a measure of a home's impact on the environment in terms of carbon dioxide(CO2). The higher the rating the less impact it has on the environment.

Main Image

A photo of the above property

[ Back to Commercial For Sale ] | [ Return to the top ] | [ Return to the Navigation ]

Contact Us

Horace John, Forse & Co
208 Whitchurch Road
Cardiff CF14 3NB

T: 029 2061 3777
F: 029 2061 7041

info@hjf-property.co.uk


Other Links

Terms & Conditions | Accessibility | Established 1952 | © Copyright 2018 HJF & Co | Website design Nottingham by WOW Design Solutions