Lot 67 - 9 Park Place, Merthyr Tydfil, Mid Glamorgan, CF47 0LJ

  • Unconditional Online Auction Sale
  • Guide Price* : £54,000+
  • Bedrooms: 1

Lot 67 - Mixed use Commercial/ Residential Investment Opportunity

Description

ONLINE AUCTION from 15th APRIL -17th APRIL 2025

A vacant ground floor shop unit that most recently traded as a barbers and first floor flat that is let.

The property is situated in a row of both commercial and residential units and the shop may offer scope for conversion to residential (subject to neccessary planning consents),

Accommodation

Ground Floor: Barbers with salon area, kitchenette, w/c
Ground Floor: Separate access and stairs to first floor;
First Floor: Landing, lounge, kitchen, shower room/w/c, 1 bedroom
Outside: Rear garden access from shop only

Council Tax Band

A

Tenancies

Ground floor to be sold with vacant possession
Flat let at £500 pcm (£6,000 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 1.5% 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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Paul Fosh Auctions, 01633 254 044

Office Contact

Sean Roper

Documents

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Auction Finance

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.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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