Retail parade with offices above situated in a prominent position in Barry Town Centre
The property is located in Barry town centre and occupies a prominent position on Holton Road, which is the town's main retailing area.
The property is currently held via a Long Leasehold Interest of 90 years from 1st November 1973 with a lease expiry of from 31st October 2063, subject to an annual rent of £14,000 per annum (until 31st October 2033). This is to be reviewed every 30 years to the current market ground rental value at that time. A copy of the head lease is available on request.
The property comprises a terrace of five ground floor retail units with self-contained offices located on the first and second floors. Internally, all five ground floor retail units have been interconnected to provide a combination of cellular and open plan office accommodation. The general office specification includes the following: - Gas central heating - Suspended ceilings with recessed lighting - Perimeter trunking - Double glazed windows - Single passenger lift and stair access
Accommodation, Car Parking and Tenancy Schedule
Floor | Size (Sq ft) Ground | 2,895 First | 2,946 Second | 2,874 Total | 8,715 Car Parking - To the rear of the property there is a car park which can accommodate up to 14 cars.
The property is elected for VAT and therefore VAT is applicable on all costs.
Barry Docks (0.4 miles)
Barry (0.7 miles)
Barry Island (0.8 miles)