Sold Prior | Lot 24

50 Charles Street, Cardiff CF10 2GF

Sold Prior

  • Commercial Property

Call the team on 02920 475 184 for more information

Auction Date

Wed 12/07/2023

Auction Time

12:00

Auction Venue

ONLINE

Commercial Property

A grade II listed property measuring approximately 272.56 sq.m. (2,934 sq.ft.) having accommodation over 3 floors plus basement, with 2 storey annexe and single storey extension to the rear. In recent years, the property has been utilised for Health Spa use and has previously been used for offices to the front with warehouse/storage to the rear annexe. The accommodation benefits from 2 front entrances, one via the basement and the other to the ground floor. The basement access has recently been used as the main entrance opening into a reception/access area leading up to the ground floor. In our opinion, the property provides a redevelopment opportunity subject to all necessary consents to offer a dual trading opportunity to the front and the rear fronting Barrack Lane. Alternatively, car parking could be provided at the rear from demolishing a section of the building subject to all usual consents. Charles Street is situated in the heart of Cardiff City Centre and is accessed off Bridge Street. The property fronts directly onto Charles Street with access to the rear of the building via Barracks Lane. Other occupiers within the vicinity comprise of restaurants, beauty/cosmetic/dental clinics, solicitors, architects, and various retail arcades/centres. The property is also within walking distance of Cardiff City Hall, Registry Office, Museum, Queen Street, St David's shopping centres and Cardiff’s New Theatre. Cardiff’s Main Central railway station and Queen Street station are within walking distance plus several main bus routes to and from the city.

Ground Floor

Approximately 145.58 sq.m. (1,567 sq.ft.)

Lower Ground Floor/Basement

Approximately 38.09 sq.m. (410 sq.ft.)

First Floor

Approximately 53.22 sq.m. (573 sq.ft.)

Second Floor

Approximately 35.67 sq.m. (384 sq.ft.)

Outside

Area to the front of property with dwarf wall and steps leading up to main ground floor entrance and steps leading down to basement entrance. Small smoking area to the rear.

Tenure

Freehold

Viewing

Contact Auction House Wales on 02920 475184

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Cardiff Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 029 2040 4020

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.