Lot 33 - Plot 4 at Maindy Estate, Kennard Street, Ton Pentre, Pentre, CF41 7AY

  • Unconditional Online Auction Sale
  • Guide Price* : £3,900+
  • Bedrooms: 0

Addendum

Please refer to the amended Special Conditions.

Lot 33 - Land with Potential

Description

ONLINE AUCTION from 5th MARCH-7th MARCH

A parcel of land located in the village of Ton Pentre. The site is situated in a primarily residential area, and is within close proximity to agricultural/grazing land. The land is located to the south of Kennard Street.

The site is partially tenanted and is achieving £830 per annum with potential for a higher income once the vacant lots are let. Subject to the relevant consents the land may be suitable, but not limited to, for being let as grazing land or allotments.

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 Annual Rent Area (acres)
603/604/1694 Allotments & garage site rear of 22 Kennard Street 1st December 2022/Monthly rolling £185 0.16
443/444/446 Allotment rear of 18-20 Kennard Street 1st January 2023/Monthly rolling £110 0.25
681/949/1209 Allotments rear of 13/14 Kennard Street 1st October 2022/Monthly rolling £110 0.23
1673 Rear of 7-12 Kennard Street 1st January 2023/Monthly rolling £100 0.17
1674 Paddock rear of 7/9 Kennard Street 1st March 2023/Monthly rolling £150 0.22
676 Paddock rear of 1/2 Kennard Street Unknown £175 0.25

Tenancies

To be sold with partial 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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