Lot 36 - 21/23 Pontygwindy Road, Caerphilly, CF83 3AD

  • Unconditional Online Auction Sale
  • Guide Price* : £60,000+
  • Bedrooms: 0

Lot 36 - Takeaway with Owners Accommodation plus Maisonette

Description

ONLINE AUCTION from 14th MAY-16th MAY

This property is comprised of two ground floor retail units, which have been converted into one large unit. Although subject to the relevant consents, may be suitable for conversion back into two units. The unit is currently let to a Chinese Takeaway and is let at £650 a month including owners accommodation on the first floor.

Accessed via the rear of the property is a maisonette, this property is let at £216.67 a month.

Subject to the relevant consents this property may be suitable for further development.

Location
Situated on the main thoroughfare through the town of Caerphilly this property gains plenty of footfall from passing traffic. Located within close proximity to Caerphilly Castle and the town centre this property occupies a prime location.

Services
The property benefits from gas, water and electric (not tested).

VAT
We have been informed that there is no VAT applicable on the sale of this property.

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Retail unit with owners accommodation Unknown 15th April 2024 Unknown £650 per month
Maisonette Unknown Unknown Unknown £216.67 per month

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* 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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