Lot 102 - 60 Hanbury Road, Bargoed, CF81 8QX
- Unconditional Online Auction Sale
- Guide Price* : £89,000+
- Bedrooms: 0
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Addendum
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Lot 102 - Commercial Property for Investment
Description
ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY
A two storey former bakery. The ground floor is comprised of a retail area with kitchen/preparation area to the rear. The first floor comprises of two rooms to the front, WC, and kitchen/ preparation room.
The property benefits from rear access, to the first floor and therefore may by suitable for further development subject to the relevant consents.
There are two parking places to the rear of the property, and on street parking along the road.
The sale will include some of the commercial equipment, we have been advised that this is working but we have not tested this.
Location
This property is situated at 60 Hanbury Road, in the heart of Bargoed town centre. Hanbury Road serves as one of the main thoroughfares in the area, lined with a mix of local shops, businesses and amenities, making it a prime spot for footfall and accessibility.
This property occupies a prominent position on the street, surrounded by other independent retailers and close to essential services. The location benefits from good transport links, including proximity to Bargoed train station, which is part of the Rhymney Valley Line, offering connections to Cardiff and beyond.
Parking is available nearby, with public car parks and on-street options within walking distance. The area is also served by several bus routes, further enhancing its accessibility.
VAT
We have been advised that there is no VAT due on the sale of this property.
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 1.5% of the purchase price (subject to a minimum of £1,500) 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 Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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Auction Finance
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