Lot 76 - Plot 6 at Maindy Estate, Kennard Street, Ton Pentre, Pentre, CF41 7AY

  • Unconditional Online Auction Sale
  • Guide Price* : £5,700+
  • Bedrooms: 0

Lot 76 - Tenanted Paddocks/Stables & Allotments

Description

ONLINE AUCTION from 30th JANUARY-1st FEBRUARY

A parcel of land located in the village of Gelli. The site is situated in a primarily residential area and is within close proximity to agricultural/grazing land.

The site is currently tenanted by a number of tenants and is comprised of paddocks, allotments, grazing land and stables, and is achieving an annual income of £1,195

We have been advised that the land totals approximately 1.77 acres

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

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Parcel Description Start Date/End Date Yearly Rent Area (acres)
1132 Paddock east of incline 1st April 2022/Monthly rolling £350 0.65
515/516 Paddock east of incline TBC/TBC £180 0.17
512/514 Large allotment east of incline 1st April 2022/Monthly rolling £180 0.20
568 Allotment rear of Bwllfa Cottages 1st March 2006/Monthly rolling £75 0.10
568a Allotment rear of Bwllfa Cottages Vacant Vacant 0.11
1048 Allotment r/o Gwenffrwd & East
of incline
1st February 1995/Monthly rolling £110 0.24
523/526 Allotment r/o 52/57 Alexandra Rd
+ garage site
1st June 2011/Monthly rolling £225 0.30

Tenancies

To be sold with tenants in situ

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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Paul Fosh Auctions
01633 254044

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