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Clarke Street, Cardiff CF5 Detached house for sale
St Davids Church Room, Clarke Street, Caerau, Cardiff, CF5 5AL
£99,000
St Davids Church Room, Clarke Street, Caerau, Cardiff, CF5 5AL
£99,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 16th September 2025 at 04:12 PM with registration through our website
- Postponed until 28th October Auction - Investment opportunity to acquire this Former Detached Church Hall in Caerau currently being mainly utilised as an established and long standing Nursery representing an initial gross yield of circa 9
- DescriptionPostponed until 28th October Auction - Former church hall with 3/4 of the building currently being used as buttons and bows day nursery originally belonged to St
- We believe there is further scope to improve this income if desired along with occupying the 1/4 of the church that currently unused
- This impressive detached former church, located on Clarke Street presents a unique investment opportunity
- The remaining space offers potential for further development, subject to appropriate planning consent and suitable for mixed-use purposes
- The property boasts a distinctive Gothic-style exterior with glass windows in parts and a spacious interior, ideal for redevelopment
- The occupied portion is well-maintained and has been kept up to modern regulations by the nursery owners, while the undeveloped section requires modernisation
- The building is open to further development opportunities, subject to obtaining the necessary planning permissions, offering flexibility for future projects
Description
This former detached church hall in Caerau is being sold at public auction on October 28th and presents a unique investment opportunity. The property, currently home to a long-standing nursery, offers an initial gross yield of circa 9.0% from the £8,709.96 annual rent, which has remained the same since 2016. The nursery occupies approximately three-quarters of the building, which is well-maintained and up to modern regulations. The remaining, undeveloped section of the property offers potential for further development, subject to obtaining necessary planning permissions, and could be suitable for mixed-use purposes. The building's distinctive Gothic-style exterior and spacious interior make it an attractive opportunity for redevelopment, with flexibility for future projects. Due to the nature of the business, internal inspections will be limited, but interested parties can register for the auction through the website.