50 Charles Street, Cardiff, CF10 2GF

Property Details: • Type: Town House • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Desg, 11-13 Penhill Road, Pontcanna, Cardiff, CF11 9PQ

Full Description: FOR SALE BY PUBLIC AUCTION: The auction will take place online on 4th February 2025 at 04:51 PM with registration through our website.

REDUCED - Four storey Grade II property in the heart of Cardiff city centre with recently awarded planning for conversion to a ground floor and basement commercial unit and three spacious apartments. (Ref 23/02039/LBC)

Description REDUCED - Four storey Grade II property in the heart of Cardiff city centre with recently awarded planning for conversion to a ground floor and basement commercial unit and three spacious aprtments. (Ref 23/02039/LBC)

The recently awarded planning allows for the demolition and reconstruction of the rear annex to provide a commercial unit to the ground floors and basement with two entrances of approximately 656 sqft (61sqm) and a further three apartments. The ground floor rear apartment is two bedroom with a small private courtyard and the two apartments above are both three bedroom and occupy the whole of each floor. There is further amenity space and bike parking to the rear, facing Barrack Lane.

Some plans are attached, however interested parties are invited to consult the Cardiff council planning portal - Ref 23/02039/LBC. The property currently extends to over 2,900 sqft (270 sqm) and was previously used as a private club/spa and is now in a poor state of internal repair.

Charles Street is in the centre of Cardiff with excellent local amenities in the city centre. Charles street itself has undergone a transformation in recent years to a more residential street with further development opposite the building and nearby.

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Informed Freehold please refer to legal pack for verification of tenure

Additional Fees Buyer’s Premium – 1.5% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Further Information Auctioneers Office, Seel and Co

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