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The property has sold prior to auction.
ONLINE AUCTION from 11th NOVEMBER-13th NOVEMBER
A large, mixed use building arranged as a retail unit and 4 self-contained flats. In addition, there are a further 2 basement flats that require refurbishment.
The property is prominently located around ½ mile from Porth town centre and railway station.
Accommodation:
Shop - Shop, WC, office room at the back.
8C- rent £500 - 3 bedrooms - kitchen, bathroom, living room and small balcony.
7C - rent £400 - 1 bedroom - kitchen, bathroom, bedroom, living/dining room
7B- rent £380 - 1 bedroom -kitchen, bathroom, bedroom, living/dining room
8B- rent £380 - 1 bedroom – (not inspected)
Tenancies:
Shop - Let on a FRI contract at £500 pcm (£6,000 pa)
8C- Let on an occupational tenancy at £500 pcm (£6,000 pa)
7C - Let on an occupational tenancy at £400 pcm (£4,800 pa)
7B- Let on an occupational tenancy £380 pcm (£4560 pa)
8B- Let on an occupational tenancy £380 pcm (£4560 pa)
Total - £2,160 pcm (£25,920)
Tenure: Freehold
Viewing: Contact Paul Fosh Auctions
A
Advised Freehold - to be verified by solicitor
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.
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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