Waiting for video...
The property has been postponed from auction.
ONLINE AUCTION from 11th NOVEMBER-13th NOVEMBER
The property comprises a detached warehouse building situated to the south west of Cardiff city centre close to Ninian Park and Cardiff City Stadium.
Located opposite the junction with Faber Way, there are a number of trade counter outlets nearby and both Sloper Road a few hundred meters to the north and Hadfield Road to the south feature a large number of car main dealerships. Access to the M4 is easily achieved via the A4232.
| Floor | Area Sq Ft | Area Sq M |
|---|---|---|
| Ground Floor | 7,609 | 706.88 |
| Mezzanine | 921 | 85.54 |
| Total Gross Floor Arear | 8,530 | 792.42 |
We are informed that the property is occupied on a 25 year lease in favour of Universal foods Ltd at a rent of £45,000 pa although we have had no sight of the lease and no rent is being paid.
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.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.