Lot 64 - 249 East Road, Tylorstown, Ferndale, CF43 3HG
- Unconditional Online Auction Sale
- Guide Price* : £90,000+
- Bedrooms: 0
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Lot 64 - Mixed Use Development with Lapsed Planning
Description
ONLINE AUCTION from 12th DECEMBER-14th DECEMBER
A four storey end of terrace premises. The ground floor is currently a commercial unit, previously occupied by a barber shop. The basement is accessed externally at the rear of the property, this has previously been used as a flat although it does not appear that planning permission has been granted. Upper floors of the premises currently contain a four bedroom flat, accessed from a door to the side of the property. Planning has been granted to convert the uppers into two self-contained two bedroom flats – this planning is now lapsed but could be reinstated subject to the relevant consents.
Location:
Situated on the A4233, main throughfare through Tylorstown this property gains plenty of attention from passing traffic. Positioned in a mixed used development area this property is within close proximity to a number of independent traders such as Londis, takeaways and newsagents. The property is positioned on the main bus route through Tylorstown.
To the rear of the property is a parcel of land.
Planning Permission
Planning has been granted for the conversion of 4 bedroom flat into two self-contained two bedroom flats – planning reference 15/1070/10. Please contact Rhondda Cynon Taf council for further information.
Services:
The property benefits from gas, water, electric (not tested).
VAT:
We have been advised that no VAT is due on the sale of this property.
We have been advised that the property was previously let at £1,100, however it is suggested that current market rental is approximately £550 pcm for the flat and £650 pcm for the shop.
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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
Auction Finance
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