SSTC, Investment 

Upper Kincraig Street, Roath, Cardiff

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Features

  • Substantial mixed use two storey building
  • Close to city centre
  • Ground & First floor office/storage facility
  • Good condition
  • First floor three bedroom flat
  • Excellent transport links
  • Popular residential location
  • Flat rented on AST at £750 pcm (£9,000 pa)
  • Potential for further residential development (subject to planning)
  • Total GIA Approximately 349.8 Sq m (3,766 Sq ft)

Address

1 Upper Kincraig StreetRoathCardiffSouth GlamorganCF24 3HA
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Property Details

•Price: £310,000
•Substantial mixed use two storey building
•Close to city centre
•Potential for further residential conversion (subject to planning)
•Freehold

A substantial two storey freehold end of terrace building situated in the popular residential area on Roath in close proximity to Cardiff city centre. The property is configured to provide a mixture of office, warehouse/storage and residential accommodation. At ground floor floor level the accommodation comprises front and rear warehouse/storage, mezzanine storage area, two offices, kitchen and wc facilities. At first floor level there is a self contained three bedroom flat.

The property is accessed directly off Upper Kincraig Street and benefits from vehicular access into the ground floor warehouse/storage areas.

Roath is a primarily residential location within close proximity to Cardiff City Centre. Access to the A48M is nearby approximately 2 mile to the north east, which provides access to the M4 motorway between junctions 29 and 33.

Accommodation

Ground floor
Office 1: 17.1 Sq m (184 Sq ft)
Office 2: 19.2 Sq m (207 Sq ft)
Storage/warehouse: 154.0 Sq m (1,658 Sq ft)
Kitchen & WC’s: 10.1 Sq m (109 Sq ft)

First floor
Storage: 74.4 Sq m (801 Sq ft)
Three bed flat: 75.0 Sq m (807 Sq ft)

Total: 349.8 Sq m (3,766 Sq ft)

Services

We understand the property to have mains electricity, gas, water and drainage.

Investment Analysis

The property provides an excellent mixed use investment opportunity and offers potential for further residential development (subject to the necessary planning consents).

We understand the storage space was previously let at £800 pcm (£9,600 pa).

We believe the office space could be rented at £300 pcm (£3,600 pa).

The flat is currently rented on an AST at £750 pcm (£9,000 pa).

Price

£310,000

VAT

VAT if applicable will be charged at the standard rate.

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