Lot 22 - 18 Duke Street, Aberdare, Rhondda Cynon Taf, CF44 7ED

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000+
  • Bedrooms: 2

Lot 22 - Commercial /Residential investment opportunity

Description

ONLINE AUCTION FROM 10TH - 12TH DECEMBER 2024

A ground floor retail unit with separate flat above. The property is situated in the bustling town centre opposite the bus station and both units are let. The town of Aberdare has a wealth of amenities and shops and transport links including train station with direct links to Cardiff.

The flat benefits from two floors of accommodation with modern fitted kitchen and bathroom and the shop is trading as a health/gift shop.

Accommodation

Ground Floor: Shop/retail unit - retail area with rear store and w/c
Flat: Entrance from ground floor via stairs to first floor;
Entrance, lounge, kitchen, bathroom
Second floor 2 bedrooms
Outside: Small yard area

Council Tax Band

A

Accommodation

Floor Sq Ft Sq M Lease Rent
Ground (shop) 473 43 £400 pcm
First (Flat) 688 64 £485 pcm
Total annual income £10,620 (£885 pcm)

Tenancies

Retail unit let at £400 pcm
Flat let at £485.00 pcm
£885.00 pcm £10,620 p/a

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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