Lot 61 - 18 Garages at, Beech Grove, Gurnos, Merthyr Tydfil, Mid Glamorgan, CF47 9RY

  • Unconditional Online Auction Sale
  • Guide Price* : £75,000+
  • Bedrooms: 0

Lot 61 - Garages for Investment

Description

ONLINE AUCTION 10TH -12TH DECEMBER 2024

An opportunity to acquire 18 newly completed garage and storage units.

These high-quality units are situated in a secure, gated development, ensuring top-notch safety and easy accessibility for all your needs. Whether you're looking for extra space to store personal belongings, vehicles, or equipment.

With secure gated access these units are ideal for individuals or businesses in need of additional space. Their flexible design allows for multiple uses, such as car storage, a workshop, or a dedicated space for hobbies

The A465 is accessible via the Rocky Road giving direct access to the head of the valleys and A470.
Merthyr Town Centre is found approximately a 15 minute walk away with a selection of amenities, Cyfarthfa Retail Park and Trago mills all within a short commute.

Tenancies

To be sold with vacant possession

Potential annual income when fully let £21,600 (£100 per garage per month)

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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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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