* Freehold
•Immediately available For Sale a fully let 3 - storey town centre investment
property well located within Barry Town Centre.
•Briefly comprises of ground floor retail unit Let to Holland & Barrett Retail
Limited and long established first and second floor café/tea rooms.
•Well located property within Barry Town Centre with occupiers in close
proximity including wh Smith, Shoezone, Lloyds, Principality and Nat West
Bank.
•Immediately available For Sale freehold tenure as a fully let investment
property at an asking price of £239, 000.
**Location**
The property is situated in a prime retailing pitch fronting Holton Road
immediately opposite King Square and Barry Library with other well known
occupiers in close proximity including Nat West, wh Smith, Nationwide,
Shoezone and Principality.
Barry is the Vale of Glamorgan’s principal retailing commercial centre with
Barry lying approximately 5 miles east of Cardiff Airport and 5 miles south
west of Cardiff.
**Description**
The property briefly comprises of a traditionally built 3 - storey town centre
shop and premises that briefly comprises of a self - contained ground floor
retail unit with ancillary basement area and self - contained first and second
floor accommodation over.
The ground floor retail unit is well configured and occupied by Holland &
Barrett Retail Limited with the upper parts occupied by The Fountain Tea Rooms
Limited a long established café and tea rooms business.
**Accomodation**
The property briefly provides the following
accommodation: -
Ground Floor:
Retail Sales – 80. 15 sq. m (862 sq. ft) NIA
Ground Floor Sales itza – 54. 1 sq. m (582 sq. ft)
Ground Floor Ancillary – 28. 47 sq. m (306 sq. ft)
Basement - 19. 8 sq. m (213 sq. ft)
First Floor:
Tea Rooms – 43. 75 sq. m (470 sq. ft)
Ancillary – 12. 69 sq. m (137 sq. ft)
Second Floor Attic Storage
**Tenure**
The property is to be sold Freehold tenure subject to and with the benefit of
the following occupational leases: -
Ground Floor Retail Unit – Let to Holland & Barrett Retail Limited under terms
of a secure Fri lease expiring 11th June 2023 at a rental of £12, 500 per annum
exclusive.
The first and second floors are Let to The Fountain Tea Rooms Limited under
terms of a secure 15 year lease expiring 30th April 2027 at a current rental
of £6, 750 per annum exclusive. This lease contains a rent review on the 30th
April 2022
**Sale Price**
£239, 000
**Epc**
Energy Rating - Band C
**Vat**
VAT is payable on the sale price.
**Legal Costs**
Each party to be responsible for their own legal costs incurred in the
transaction.
**Anti - Money Laundering**
In order to discharge its legal obligations, including under applicable anti -
money laundering regulations, the successful applicant will agree to provide
certain information when Heads of Terms are agreed.
**Viewing**
Strictly by appointment only through
sole selling agents:
Messrs Watts & Morgan llp
Tel: Email:
Please ask for Dyfed Miles or Matthew Ashman

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