8 Park Road, Barry, CF62 6NU
£40.51 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
22,216 sq ft
2,064 sq m
- SECTOR
Commercial development for sale
Key features
- Large site extending to 0.21 hectares
- Fully let
- Asset management potential
- One of Wales’ fastest growing residential markets
Description
Freehold residential investment & development opportunity (subject to planning) located on one of Barry’s most sought after residential streets.
Large site extending to 0.21 hectares (0.51 acres) with a low existing site coverage of c.12%.
Barry is one of Wales’ fastest growing residential markets with average house prices having reportedly surged 11% last year.
Fully let on occupation contracts with a number of longstanding tenants.
Asset management potential, through refurbishment or redevelopment, in an area with an attractive wider regeneration story.
Total existing gross rental revenue of £53,340 per annum.
We are instructed to seek offers in excess of £900,000 (Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT.
Location
Barry is a vibrant coastal town in the Vale of Glamorgan, approximately 9 miles southwest of Cardiff. Once renowned as the world's largest coal exporter, Barry has evolved into a vibrant community supporting both local industry and a commuter base serving the Capital City.
Specifications
Period built 3 storey property containing 7 apartments.
The low site coverage could allow for further development, subject to planning.
Brochures
8 Park Road, Barry, CF62 6NU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Barry Station0.3 miles
- Barry Island Station0.8 miles
- Barry Docks Station1.3 miles
Notes
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