338, The Mind Shop Cowbridge Road East, Cardiff, South Glamorgan, CF5 1HD

ONLINE AUCTION from 28th JULY - 30th JULY 2026 A mid-terrace retail premises occupying a prominent position within a well-established high street location. The property is currently occupied by the charity retailer Mind, providing an established tenant covenant and immediate rental income. The property is let and currently producing an income of £7,500 per annum, offering an attractive investment opportunity for investors seeking a secure, income-producing asset. The current lease is in place until 23rd June 2029, providing income security with a tenant already in occupation. There may be potential to increase the rental income in the future through asset management initiatives and future lease negotiations. We understand that the upper floors currently provide ancillary storage accommodation and may offer potential for residential conversion, subject to obtaining the necessary planning consents and any required agreements with the existing tenant. Tenancies Tenants in situ Tenure Advised Freehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated. Additional costs: The purchase of th…

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