Lot 31 - 49 High Street, Ferndale, CF43 4RH

  • Unconditional Online Auction Sale
  • Guide Price* : £58,000+
  • Bedrooms: 2

Lot 31 - Take-Away with Owner Accommodation

Description

ONLINE AUCTION from 23rd JULY-25th JULY

A two-storey premises currently comprised of a fish and chip shop to the ground floor and two-bedroom owner's accommodation above. Please note the owner's accommodation has recently been used as ancillary accommodation. The fish and chip shop has only recently stopped trading and is ready for a new occupier. 

The top floor is dated and requires modernisation. 

This property would be suitable for someone looking to run a food establishment and live above. Alternatively it would be make an ideal investment for someone to looking to add to their rental portfolio. 

Location
Situated on the main thoroughfare through the town of Ferndale, this property is prominently positioned amongst a number of mixed use developments and is within close proximity to National retailers such as Greggs, Sheppards Pharmacy and Co-op. 

The property is ideally located within close proximity to local amenities.

Services
The property benefits from gas, water and electric (not tested).

VAT
We have been advised that there is no VAT due on the sale of this property.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Retail Area 277.0 25.7
Preparation Room 1 149.6 13.9
Preparation Room 2 114.0 10.6
Cold Room 51.1 4.75
WC
Ancillary 108.9 10.12
First Floor Kitchen 44.77 4.16
Bathroom 27.98 2.6
Living Room 134.3 12.48
Bedroom 1 83.42 7.75
Bedroom 2 162.75 15.12

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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