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8-9 Paget Rd
Barry CF62 5TQ

Retail Property For Sale

Investment Highlights

  • Freehold Investment Opportunity in prime commercial and residential area of Barry Island.
  • Potential for development and redevelopment subject to planning.
  • The property occupies a broadly square shaped plot

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,746 SF
Building Class
B
Year Built
1920
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.33
Lot Size
0.24 AC
Parking
5 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
113 FT on Paget Rd

Amenities

  • Bus Line

About 8-9 Paget Rd , Barry, VGL CF62 5TQ

Built-in the 1920’s, 8-9 Paget Road (also known as The Merrie Friars) is a visually impressive building, dominating the western end of the promenade. It's notably constructed with ashlar masonry in a classical Art Deco spirit. The period building has accommodation over basement, ground, first and second floors. The basement has most recently been used as a boxing facility; however, it was notably Merrie Friars night club during the 1980s Barry town is located within the Vale of Glamorgan county borough in South Wales. Cardiff is situated 10 miles northeast and Swansea 43 miles north west. Barry Island is a seaside resort located on the peninsula approximately 2 miles to the south of Barry town centre. The ground floor has been let on a 999-year lease at a peppercorn rent. The ground floor is currently occupied by amusements and kiosks. The first floor is currently used as a gymnasium with WC’s and changing rooms. The second floor is a substantial 3 bedroom penthouse apartment with panoramic views overlooking Whitmore Bay. There is a rear car park accessed from the west of the site. Currently, the car park can accommodate up to approximately 5 vehicles. Barry Island has attracted visitors since the 1870s with its golden beaches, cafes and family amusements. It was originally an island until the 1880’s when it linked the mainland following the development of the dockland. Barry Island is an established holiday destination with its own train station, pleasure park and hotels. Most recently, Whitmore Bay Beach has undergone significant refurbishment including a sweeping promenade along the entire length of the beach. Barry Island train station is within a 5-minute walk of the property. There are a number of bus routes that serve the immediate area. To access Barry Island by car, follow the A4050 though Barry then on to Harbour Road.

  • Listing ID: 18344897

  • Date on Market: 1/30/2020

  • Last Updated:

  • Address: 8-9 Paget Rd, Barry CF62 5TQ

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