Retail for sale
Offers Over £400,000
Property Type
Retail
Furnished
Not Specified
•Immediately available “For Sale” the former RAFA club and premises providing a substantial town centre refurbishment/re-development opportunity.
•Originally built as two 3-storey period properties used within recent years as a Members Club and licenced bar and premises and offering up potential for a variety of leisure, hospitality, office and residential conversion/re-development potential subject to any necessary planning permission.
•Situated in a highly prominent and convenient location within Penarth Town Centre.
•Immediately available “For Sale” Freehold tenure and with full vacant possession inviting offers in excess of £400,000.
LocationThe property is situated in a highly prominent location fronting Windsor Road a main vehicular throughfare serving Penarth Town Centre.
The property is situated in a convenient edge of town location in an area of mixed commercial and residential occupiers.
Penarth is one of of The Vale of Glamorgan’s most sought after hospitality, retailing and residential destinations lying just 2 miles or so south of Cardiff Bay, 3 miles south of Cardiff City Centre and approximately 8 miles southwest of Junction 33 of the M4 Motorway via the A4232 dual carriageway.
DescriptionThe property briefly comprises a substantial three-storey double fronted terraced property long established for use as a licensed private members club and premises formerly occupied by the Royal Air Force Association.
The property was originally constructed as a pair of mid-terraced dwelling houses set within a generous plot with front forecourt and rear garden/courtyard areas.
The property is currently configured so as to provide for largely open-plan ground floor bar accommodation with below ground ancillary space with first floor office/ancillary/living accommodation.
AccommodationThe property briefly provides the following accommodation: -
Ground Floor Sales/Ancillary – 125 sq.m
(1,345 sq.ft) NIA
Lower Ground Floor Ancillary Space – 91.9 sq.m (988 sq.ft) NIA
First Floor
Office/Ancillary – 71.7 sq.m (772 sq.ft)
Self-contained two bedroom flat
The property is considered suitable for a variety of commercial uses subject to the obtaining of any necessary change of use planning permission and offers up obvious potential for residential conversion or re-development subject to the obtaining of any detailed planning permission.
TenureThe property is to be sold Freehold tenure and with full vacant possession.
Subject to contract/survey only offers will be given preferential consideration.
Sale PriceOffers in excess of £400,000 are invited.
EpcEnergy Rating - Band C
Legal CostsEach party to be responsible for their own legal costs incurred in the transaction.
VatAll figures quoted are exclusive of VAT if applicable.
Anti-money LaunderingIn 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.
ViewingStrictly by appointment only through
sole selling agents:
Messrs Watts & Morgan LLP
Tel: (01656) 644288
Email: [email protected]
Please ask for
Dyfed Miles or Matthew Ashman
Former RAFA Premises, 40-42, Former Royal Air Force Association Club & Premises, Windsor Road, Penarth, CF64 1JJ
Offers Over £400,000
Register interest now
Update your browser to view this website correctly. Update my browser now