Lot 74 - 117 High Street, Barry, CF62 7DT

  • Unconditional Online Auction Sale
  • Guide Price* : £138,000+
  • Bedrooms: 3

Lot 74 - Retail Premises with Flat 

Description

ONLINE AUCTION from 1st OCTOBER-3rd OCTOBER

A ground floor retail premises with self contained maisonette. 

The ground floor is briefly comprised of a retail area, WC and two storage rooms.  

Situated on the first and second floors is a maisonette comprised of a kitchen, bathroom, and three bedrooms. 

The property would be suitable as a rental premises, or property for owner occupier. 

Subject to the relevant consents the property may be suitable but not limited to use as a beauticians, barbers, clothing shop or vape shop. 

Location
Situated in the seaside town of Barry on the High Street. This property is located amoungst a number of residential as well as mixed use developments. 

Within walking distance of Barry Docks train station and local bus routes, this property is situated in a convenient location for access to the town centre, Barry Island and beach. The town of Barry has recently enjoyed an exceptional level of regeneration and investment. 

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

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

Business Rates
We have been advised that this property has a rateable value of £3,650 and is listed as Shop and Premises.

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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