Lot 100 - 5A Lower Dunraven Street, Tonypandy, Rhondda Cynon Taf, CF40 1AT
- Unconditional Online Auction Sale
- Guide Price* : £35,000+
- Bedrooms: 0
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Lot 100 - Commercial Retail unit
Description
ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY
A single story, well established retail unit currently being used as a haberdashery/ wool shop. The property will be sold with vacant possession.
Comprised of a retail area, stock room and WC, this property would be ideal but not limited to use as a coffee shop, beauticians, takeaway or vape shop.
Please note that the stock may be purchased for an additional cost please feel free to contact Paul Fosh Auctions to enquire.
Location
Situated in the heart of Tonypandy's bustling town centre. This property is strategically positioned on the main thoroughfare, surrounded by a mix of independent and national businesses, ensuring high foot traffic and visibility.
Tonypandy is a property with a strong community and Lower Dunraven Street serves as one of its primary commercial hubs. The area benefits from excellent transport links and a supportive local customer base, providing a solid foundation for business success.
We have been informed that to the rear of the property offices and a number of flats are being built which may allow for additional business.
Ideal for commuters, this property is located a short distance from the M4, providing access to Newport, Cardiff, Bristol and London.
Services
Electric, water - not tested
Business rates:
We have been informed that the property is exempt from business rates (small business rate relief)
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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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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