Lot 60 - 156 Bute Street, Treherbert, Treorchy, CF42 5PE

Unconditional Online Auction Sale
Guide Price* : £90,000+
Bedrooms: 0

Addendum

The guide price and the reserve price have been reduced.

Lot 60 - Commercial Property with Planning Consent

Description

ONLINE AUCTION from 10th DECEMBER-12th DECEMBER

A large commercial building set over four floors.

The property has planning for two, one bedroom flats and a large commercial unit. The property is located in a mixed use area with access to convenience stores and local businesses. The property is accessed through the main door into a large entrance hallway. There are stairs leading to the basement, which is comprised of a board room, toilet and kitchenette. There is a fire escape to a decked area which over looks the stream behind.

The first floor is comprised of three good sized rooms, kitchen and bathroom. There are a further three office rooms on the top floor. The commercial unit is a good size and is glass fronted. The property is ideal for a local business looking for a new location or developer looking for a long term investment.

Location
Positioned 0.7 mile from the well established Treorchy high street and situated on a busy road with a mixture of residential and commercial offerings.

Planning
We have been advised that planning has been granted for change the use of the first and second floors from offices (Class B1) to residential (C3) and of the ground floor and basement from offices to retail (A1/A2), with alterations and associated works. Planning reference: 24/0999/FUL. More information can be found via Rhondda Cynon Taf Council.

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

VAT
We have not been advised that VAT is due on the sale of this property.

Accommodation

Floor	Description	Area Sq Ft	Area Sq M

Basement	Room 1	381.15	35.41
Ground Floor	Retail Area	372.32	34.59
	Foyer	46.28	4.3
First Floor	Room 1	122.06	11.34
	Room 2	173.51	16.12
	Kitchen	72.87	6.77
	Bathroom	41.44	3.85
Second Floor	Room 1	73.41	6.82
	Room 2	67.81	6.3
	Room 3	129.70	12.05

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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Paul Fosh Auctions

01633 254044

Office Contact

Debra Bisley

debra@paulfoshauctions.com

Documents

Legal Documents

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