Popular
Total views: 2500+
MapGuide price
£1,350,000Detached house for sale
Greyfriars Road, Cardiff CF10
Auction
Detached house
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 10000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
FOR SALE BY PUBLIC AUCTION: The auction will take place online on 9th December 2025 at 05:36 PM with registration through our website.
Prime income producing five storey in Cardiff City Centre office building with development potential for alternative uses such as hotel, residential and aparthotel. Informed current income of £204,965 pa representing an Initial gross yield of over 15%.
Description
Prime income producing five storey in Cardiff City Centre office building with development potential for alternative uses such as hotel, residential and aparthotel. Informed current income of £204,965 pa.
The building itself comprises accommodation on five floors of over 37,000sqft (3,440sqm) approx. with an informed income of £204,965 pa representing an initial gross yield of circa 15.2% at the advertised guide price, with fees and disbursements to be net of this yield. Please though consult the legal pack for confirmation of all tenancy and rental levels.
Greyfriars House is accessed via a dedicated reception area off Greyfriars Road. The reception has undergone a substantial refurbishment costing circa £150,000 and existing features include a cooling system, double glazing throughout, Male/Female plus disabled WC's as well as showers on each floor. bicycle parking, central light atrium, suites varying in size from 850 to 11,500 sqft.
We are informed that the freehold also includes 5 long leasehold interests all on a peppercorn rent which include the Park Plaza hotel, Parkview apartments, Laguna gym/spa, car park and Greyfriars House Offices. Again, we would direct you to the legal pack for further verification.
A pre-app appraisal has also been prepared to show the potential for the building to be converted to residential units. Based on the report, our opinion would be that the building has potential for residential, hotel, aparthotel or PBSA conversion. Report available on request. We would though direct you to Cardiff council planning department in this regard and make no guarantees in this regard.
Greyfriars House is situated in the heart of Cardiff City Centre on Greyfriars Road. The surrounding area is a mix of hotel, office and residential uses. Notably the Hilton, Park Plaza, Capital Tower (tallest office building in Wales), New Theatre and Cardiff Castle
Please note that extended completion is available on this lot of 60 days.
Further pictures, VR and drone imagery will be added in the coming days.
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button] or with Matthew Jones at Fletcher Morgan[use Contact Agent Button]
Viewing
Viewing by appointment with Seel and Co or[use Contact Agent Button] or with Matthew Jones at Fletcher Morgan[use Contact Agent Button]
Prime income producing five storey in Cardiff City Centre office building with development potential for alternative uses such as hotel, residential and aparthotel. Informed current income of £204,965 pa representing an Initial gross yield of over 15%.
Description
Prime income producing five storey in Cardiff City Centre office building with development potential for alternative uses such as hotel, residential and aparthotel. Informed current income of £204,965 pa.
The building itself comprises accommodation on five floors of over 37,000sqft (3,440sqm) approx. with an informed income of £204,965 pa representing an initial gross yield of circa 15.2% at the advertised guide price, with fees and disbursements to be net of this yield. Please though consult the legal pack for confirmation of all tenancy and rental levels.
Greyfriars House is accessed via a dedicated reception area off Greyfriars Road. The reception has undergone a substantial refurbishment costing circa £150,000 and existing features include a cooling system, double glazing throughout, Male/Female plus disabled WC's as well as showers on each floor. bicycle parking, central light atrium, suites varying in size from 850 to 11,500 sqft.
We are informed that the freehold also includes 5 long leasehold interests all on a peppercorn rent which include the Park Plaza hotel, Parkview apartments, Laguna gym/spa, car park and Greyfriars House Offices. Again, we would direct you to the legal pack for further verification.
A pre-app appraisal has also been prepared to show the potential for the building to be converted to residential units. Based on the report, our opinion would be that the building has potential for residential, hotel, aparthotel or PBSA conversion. Report available on request. We would though direct you to Cardiff council planning department in this regard and make no guarantees in this regard.
Greyfriars House is situated in the heart of Cardiff City Centre on Greyfriars Road. The surrounding area is a mix of hotel, office and residential uses. Notably the Hilton, Park Plaza, Capital Tower (tallest office building in Wales), New Theatre and Cardiff Castle
Please note that extended completion is available on this lot of 60 days.
Further pictures, VR and drone imagery will be added in the coming days.
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button] or with Matthew Jones at Fletcher Morgan[use Contact Agent Button]
Viewing
Viewing by appointment with Seel and Co or[use Contact Agent Button] or with Matthew Jones at Fletcher Morgan[use Contact Agent Button]
About this agent
Welcome to different Established in 1898, we are one of the largest independent property specialists, estate agents and chartered surveyors in Cardiff and South Wales. Our family run business is built on traditional values delivered with a modern approach and great service. Whether you are a seller or buyer, renting or a landlord, leasehold owner or management company we offer all the advice and services you could need under one roof. We like to think that, for property in Cardiff and across South Wales, it must be Seel & Co.