Conversion Opportunity Former Maskreys Building

Conversion Opportunity
Former Maskreys Building
Whitchurch Road, Cardiff, CF14 3LZ
For Sale
Artists Impression
■■ Prominent position
■■ Planning permission for 9 excellent sized apartments
■■ Apartments range in size from 72 sq m – 117 sq m (777 sq ft – 1,259 sq ft)
■■ 6 car parking spaces
■■ Situated in an established residential area and close to the University Hospital of Wales
■■ Cardiff City Centre – 2 miles
savills.co.uk
The Property
The property comprises an existing
three-storey building, which has potential
to be converted into 9 flats consisting
of a development of 8 two-bedroom
apartments and 1 two-bedroom duplex
apartment. The apartments will be
arranged over the first and second floor
with staircase access. A Sainsburys’ Local
store will occupy the ground floor.
Location
The site is situated on the corner of
Whitchurch Road and Manor Street.
Whitchurch Road is the main street
running through Heath and is an
established secondary retail location
serving the surrounding residential
suburbs of Cathays, Roath and Heath.
floors from A1 retail to 9 flats with external
alterations, associated car parking,
cycle storage and refuse provision under
application 11/1622DCI which is subject
to 8 conditions and a £5,000 section 106
contribution for open space.
Tenure
Copies of the planning documents and
illustrative layouts are available on request.
Further Information
Details of Purchase,
Terms & Conditions
Offers are invited on an unconditional
basis in the region of £410,000.
VAT
Long Leasehold of 999 year lease at £50
per annum for the first 15 years, £75 per
annum for the next 15 years and £100 per
annum thereafter.
Further information is available on
application from the sole agent, Savills.
Viewing
Viewings are strictly by appointment only
through the sole agent, Savills.
November 2011
VAT is applicable to this transaction.
The site is located north of Cardiff City
Centre and is approximately 3.2 km, (2
miles) from the City Centre, south of the
A470 which provides access to Junction
32 of the M4 motorway.
Cardiff Central railway station is just over
2 miles from the property and provides
direct services to Newport, Swansea,
Manchester Piccadilly and London
Paddington.
The property is located close to Heath Low
Level and Heath High Level railway stations
which are approximately 1.2 miles away,
providing services to the South Wales
Valleys, North Cardiff and Cardiff Central.
Ysgol Mynydd Bychan and Allensbank
Primary schools are within 5 minutes of
the property, with Cathays High School
within a mile radius.
Planning
The property has planning permission
for the conversion of first and second
Important Notice
Savills, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property
either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume
no responsibility for any statement that may be made in these particulars. These particulars do not form
part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, images and plans are for
guidance only and are not necessarily comprehensive. It should not be assumed that the property has
all necessary planning, building regulation or other consents and Savills have not tested any services,
equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Savills Cardiff
12 Windsor Place,
Cardiff, CF10 3BY
cardiff@savills.com
02920 368930
savills.co.uk
Gareth Carter
Tel: 02920 368913
Email: gcarter@savills.com
Leah Jeffreys
Tel: 02920 368918
Email: ljeffreys@savills.com