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ONLINE AUCTION from 5th NOVEMBER - 7th NOVEMBER
A ground floor unit totalling approximately 206sqft (19sqm).
The property has been recently renovated to a good standard. There are roller shutter doors to the front of the property allowing for extra security.
The unit is currently tenanted and is achieving a monthly rental of £300pcm. The tenant has been in situ since August 2023 and has recently signed a new three year lease. The property is currently occupied as a sports massage therapist.
Location:
This property is located in a prominent corner position on close to Porth's main shopping area and train station, making it a convenient location for commuting to nearby towns and cities like Pontypridd and Cardiff
Services
Water, electricity - not tested
Business Rates
We have been informed that this property is exempt from business rates
Vat
We have been informed that there is not VAT due on the sale of this property
Virtual Tour:
Floor | Description | Area Sq Ft | Area Sq M |
---|---|---|---|
Ground | 206 | 19 |
Tenant | Tenancy Type | Start Date / End Date | Tenancy Term | Rental Amount |
---|---|---|---|---|
TSP Sports Massage | IRI | Tenant in situ since August 2023 New Lease 1st August 2024 - 31 May 2027 |
3 years | £300 pcm |
Advised Freehold - to be verified by solicitor
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.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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