Lot 55 - Old Glandwr Court Hotel, Heol Ystrad, Pentre, Rhondda Cynon Taf, CF41 7PY

  • Unconditional Online Auction Sale
  • Guide Price* : £45,000+
  • Bedrooms: 0

Lot 55 - Development Opportunity

Description

ONLINE AUCTION from 3rd OCTOBER-5th OCTOBER

A substantial freehold building with planning for development into 9 apartments. The building has undergone preparatory works in readiness for works to commence and offers great potential.

The property is situated on a main road position between the towns of Treorchy and Tonypandy close to local amenities and shops and transport links inc train station.

Planning:

Planning has been granted for development of 9 apartments.
Planning Ref – 19/9/2019 - Contact Rhondda Cynon Taf County Borough Council for further information

Accommodation

Ground Floor: Open plan areas to ground floor and first floor
Outside: Rear area of land with scope for parking and communal garden area.

Tenancies

To be sold with vacant possession but has potential to receive an annual income of £44,000 once developed and let

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.

Loading the bidding panel...

Viewing

Paul Fosh Auctions
01633 254044

Joint Agent

Office Contact

Documents

Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

Share