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ONLINE AUCTION from 29th AUGUST-31st AUGUST
An opportunity to acquire a freehold building comprising a ground floor retail unit and self contained flat over both let and with potential to increase the rents in the future.
The village of Treharris benefits from a good range of local amenities and shops and is convenient for access to the A470 to Cardiff and the M4. There are also great transport links including nearby Train Station for both Merthyr Tydfil and Cardiff Central.
Ground Floor: Retail area and office kitchen/staff area (35 sqm/ 367 sq ft)
First Floor: Flat - Hallway reception room, open plan to kitchen shower room/w/c (35 sq m/376 sq ft)
Outside: Yard area
|Ground||Occupied by a travel services company (35 sqm/ 367 sq ft)||£210 pcm|
|First Floor||1 bed self contained flat (35 sq m/376 sq ft)||£220 pcm|
|Total annual income £5,160|
Advised Freehold - to be verified by solicitor
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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