Lot 65 - 37 High Street, Ferndale, CF43 4RH

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

Commercial/Residential Investment Opportunity

Description

A freehold building comprising a ground floor retail unit with first floor flat. The property is situated in a parade of shops within the main shopping area in the town of Ferndale. The ground floor is currently occupied by a barbers/hairdressers and other occupiers in the area include both national and local retailers.

Viewing Schedule: Thurs 05 Mar - Wed 11 Mar - Tues 17 Mar: 14.40

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Accommodation

Floor Description Rent
Ground Floor Hair salon, office/store area, storeroom, kitchen, wc Shop let on a five year lease at £350 pcm (£4,200 pa)
First Floor Landing, lounge/bedroom, kitchen, bathroom Flat let on an AST at £314 pcm (£3,768 pa)
Outside Rear yard
Total £7,968 pa

Tenure

Advised Freehold - to be verified by solicitor

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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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Sold for £70,000

This auction lot is now closed.

Auction Ended

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Joint Agent

David Weathersby
01443 692510

Office Contact

Sean Roper

Documents

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