A first floor commercial premises of St Mellons, operating as a beauty studio and currently providing an annual income of £4,620, which presents an initial gross yield in excess of 13%.
This first floor commercial space is currently let to a beauty studio providing an income of £4,620pa creating an initial yield in excess of 13% based from the guide price, to confirm information of the tenancy please refer to the legal pack when available.
The unit itself comprises two main rooms and a storage cupboard and a WC is located adjacent to the staircase. Crickhowell Walk is situated in a high foot traffic area close to the Tesco supermarket in St Mellons, above other commercial units let to other studios, shops and food premises.
Internal pictures will be added in the coming days. For more details, please refer to the legal pack when available.
Entrance hall, two rooms, storage cupboard, WC.
Informed Leasehold – please refer to legal pack for verification of tenure
Viewing by appointment with Seel Auctions – www.seelauctions.co.uk
Buyer's Premium - 1.50% with a minimum of £1,500 (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, 7 July 2026 online via the Seel Auctions website. Bidding will commence from midday on Monday, 6 July and conclude in order from Lot 1 at 4:00 pm on Tuesday, 7 July 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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
