Lot 86 - 19 Commercial Street, Aberdare, CF44 7RW

  • Unconditional Online Auction Sale
  • Guide Price* : £53,000+
  • Bedrooms: 0

Lot 86 - Commercial Opportunity

Description

ONLINE AUCTION from 29th AUGUST-31st AUGUST

A two storey commercial premises. The ground floor is comprised of an open plan retail area. The first floor comprises of ancillary accommodation, male wc , female wc and storage space.

The property was previously used as a recruitment agency, however subject to the relevant consents, may be suitable as a cafe, convenience store or beauticians.

There is a fire escape to the rear of the property which leads to the service yard. Next to the fire escape is a set of internal stairs leading to the first floor.

Location
Situated in a busy shopping street of Aberdare town centre. Aberdare benefits from a busy high street with high volumes of footfall. The town offers many local retailers and well known national brands such as Iceland, Holland and Barrett, Boots and B & M Bargains to name a few. Aberdare is situated approximately 24 miles from Cardiff and benefits from good road links including the A4059 and A470 bypass.

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

Business Rates
We have been advised that the current rateable value is £5,000 and the property is classed as 'shop and premises'

VAT
We have been advised that there is no VAT payable on the sale of this property

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Retail Area 722.04 67.08
First Floor Kitchen/Office 210.97 19.6
Male & Female WC
Outside Rear yard

Tenancies

To be sold with vacant possession

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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