A ground floor commercial unit forming part of an attractive and imposing Grade II listed building. The accommodation is arranged to provide two separate office/studio suites, accessed via a communal entrance, with shared ancillary facilities. The property benefits from good natural light, character features and a flexible layout suitable for a variety of office or studio uses.
The accommodation briefly comprises of two office/studio suites together with ancillary areas including shared kitchen and WC facilities.
The property currently provides a part-income producing investment with immediate rental income and scope for additional income with letting the vacant office/studio. The unit has historically been fully let but the property has the potential to produce a strong return relative to the guide price. We are informed that the tenanted office/studio is currently producing approx. £14,400 per annum and if fully let we understand could achieve approx. £32,400 per annum which would represent an approximate 14.4% gross yield on the advertised Guide Price (currently 6.6% advertised with the current part income).
The property is situated within Mount Stuart Square in the established and vibrant commercial district of Cardiff Bay, approximately 1 mile south of the city centre. The area comprises a mix of period office buildings, residential apartments and leisure facilities, with nearby occupiers including restaurants, cafés and professional services. Excellent transport links are available via Cardiff Bay railway station and road connections to the A4232 and M4 motorway network.
For clarification on tenures and tenancies or any further information please refer to the legal pack once available.
Ground Floor - x2 Office/Studios, Waiting Room, Tea point and W.C’s.
Informed Leasehold– please refer to legal pack for verification of tenure
Office/Studio 1 – Vacant (previously let at £1,500 pcm)
Office/Studio 2 – We have been informed is let at £1,200 pcm (£14,400 per annum)
Viewing by appointment with Seel Auctions – www.seelauctions.co.uk
Buyer's Premium - 1.50% with a minimum of £2,000 (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.
Auctioneers Office, Seel Auctions (029) 2037 0117
FOR SALE BY PUBLIC AUCTION on Tuesday, 12 May 2026 online via the Seel Auctions website. Bidding will commence from midday on Monday, 11 May and conclude in order from Lot 1 at 4:00 pm on Tuesday, 12 May 2026
We've partnered with Watts Commercial Finance to offer a wide range of finance options from bridging loans to development finance.
Apply for Finance* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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