For Sale by Auction on 24th April 2025
A mid-terraced three storey property of traditional construction. Consisting of a ground floor and basement shop, trading as Holland & Barrett with self-contained tea rooms, trading as Fountains Tearoom, occupying the first and second floor. The building totals about 184.86 sq m (1,990 sq ft) and is fully occupied.
Location
Barry is the Vale of Glamorgan’s principal retailing commercial centre with Barry lying approximately 5 miles east of Cardiff Airport and 5 miles south west of Cardiff. The property is situated in a prime retailing pitch fronting Holton Road immediately opposite King Square and Barry Library with other well known occupiers in close proximity including NatWest, WH Smith, Nationwide, Boots and Lloyds.
Accommodation
Ground Floor - Retail - 108.62 sq m (1,169 sq ft)
Basement - 19.8 sq m (213 sq ft)
First Floor - Tea Rooms - 43.75 sq m (470 sq ft)
Attic/Store - 12.69 sq m (137 sq ft)
Total - 184.86 sq m (1,990 sq ft)
Terms
Tenure - Freehold
Guide Price - £160,000
Tenancy - Holland & Barrett Retail Ltd., a British-based multinational, is a leading health and wellness retailer, operating a large network of stores and online platforms across 19 countries, specializing in vitamins, minerals, supplements, and natural beauty products. Website: www.hollandandbarrett.com
For the year ending 30th September 2023 showed a turnover of £589,875,000, gross profit of £343,167,000 and an operating loss of £58,784,000 - due to exceprional item and relating to re-structuring.
Specification
- Freehold retail & tea room investment
- Located in Barry town centre
- Let to Holland & Barrett and The Fountain Tea Rooms
- Total area about 184.86 sq m (1,990 sq ft)
- Asset management opportunities
- Suit investors
- Currently producing £19,250 per annum (gross yield of 12%)