115 Severn Grove 1,081 SF Retail Building Cardiff CF11 9EQ $506,114 ($468.19/SF)

LOCATION
Pontcanna is a popular well-regarded affluent mainly residential suburb, adjacent to Cardiff City Centre to the opposite side of the River Taff. Mortimer Road is a primarily residential road of terraced dwellings, running between Conway Road and Cathedral Road towards its northern end, whilst Severn Road runs north to south with Mortimer Road to the northern end and Romilly Crescent to the southern end.

Cathedral Road forms part of the A4119, a main road in and out of the City Centre heading north west.

DESCRIPTION
This well-presented two-storey end-terrace mixed-use property comprises an A3 ground floor retail unit with a self-contained three-bedroom flat above.

The retail space benefits from an aluminium-framed glazed frontage with fascia signage, wooden flooring, and a centrally mounted air conditioning unit. Additionally, the unit includes W.C. facilities, kitchen, office and storage space, plus a security roller shutter providing access to the rear garden.

ACCOMMODATION
The accommodation briefly comprises:

Ground Floor Retail -

Show Room/Seating Area
W.C. Facilities
Kitchen
Storage Room x 2
Office Room

Net internal Area - 99.46 sq m (1,071 sq ft)

First Floor Residential -

Living Room
Kitchen
Bathroom
3no. Bedrooms

Gross Internal Area - 109.78 sq m (1,182 sq ft)

TERMS
Freehold - Subject to the existing tenancy and occupational contract, currently producing an annual income of £27,000 per annum.

OUTGOINGS
Our inspection of the rating list shows the following assessment for the subject property:-

Rateable Value From April (2026/2027) - £9,900

Rates Payable £3,465.00

We strongly recommend that interested parties make their own enquiries of the Local Authority on[use Contact Agent Button]/2 to confirm the above figures and in some instances some relief may be applied.

Council Tax Band - C

VAT
We have been advised that VAT will not be applicable to the sale.

Prospective purchasers are advised to determine the VAT implications prior to entering into any agreement.

In accordance with the Finance Acts of 1989 and 1997, VAT may be applicable to the purchase amount.

LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.