Lot 25 - Development At Former Merthyr General Hospital, Alexandra Road, Merthyr Tydfil, Mid Glamorgan, CF47 0RX
- Unconditional Online Auction Sale
- Guide Price* : £273,000 +
- Bedrooms: 0
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Lot 25 - Development Opportunity
Description
ONLINE AUCTION from 10th DECEMBER-12th DECEMBER
SALE AGREED
Situated on the former Merthyr General Hospital site Full Planning Permission has been granted for 30 self-contained flats. Located in and with Conservation Area Planning Consent the prominent corner plot will feature extensive communal gardens plus parking. The vendor may consider up to an extended 10 week completion on this lot, if purchasers require it.
There are significant plans regarding the re- generation of Merthyr Tydfil including the re-development of the railway station and former bus station site are part of Merthyr Tydfil’s town centre plan for the next 15 years. The council has announced “ambitious long-term plans” to help Merthyr Tydfil “buck the national trend of high street decline” and transform into a thriving town centre. The masterplan describes its ambitions for Merthyr Tydfil to become “the tourism capital of the Valleys and Brecon Beacons” with links to the Cyfarthfa Heritage Area Masterplan.
Viewing: No viewings inside the fenced site are available.
PLANNING
Full Planning permission has been granted for 30 self-contained (6 x 2 bed & 24 x 1 bed) flats Planning ref: P/23/0196
Conservation Area Consent Planning ref: P/23/0270
Please contact Merthyr Tydfil County Borough Council for further information
VIEWINGS No viewings (no access to site)
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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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