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

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

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

Download the legal documents for this property.

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

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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Bidding History 46 Bids
User Amount Date
Bidder 5 £70,000 19/03/20 19:06:23
Bidder 4 £69,750 19/03/20 19:06:19
Bidder 5 £69,500 19/03/20 19:05:51
Bidder 4 £69,250 19/03/20 19:05:44
Bidder 5 £69,000 19/03/20 19:05:17
Bidder 4 £68,750 19/03/20 19:05:14
Bidder 5 £68,500 19/03/20 19:05:11
Bidder 4 £68,250 19/03/20 19:05:08
Bidder 5 £68,000 19/03/20 19:04:49
Bidder 4 £67,750 19/03/20 19:04:44
Bidder 5 £67,500 19/03/20 19:04:34
Bidder 4 £67,250 19/03/20 19:04:28
Bidder 5 19/03/20 19:04:28
Bidder 4 £66,750 19/03/20 19:04:23
Bidder 5 £66,500 19/03/20 19:04:06
Bidder 4 £66,250 19/03/20 19:03:59
Bidder 5 £66,000 19/03/20 19:03:43
Bidder 4 19/03/20 19:03:43
Bidder 5 £65,750 19/03/20 19:03:30
Bidder 4 19/03/20 19:03:30
Bidder 5 £65,500 19/03/20 19:03:03
Bidder 4 19/03/20 19:03:03
Bidder 5 £65,250 19/03/20 19:02:48
Bidder 4 19/03/20 19:02:48
Bidder 5 19/03/20 19:02:48
Bidder 4 £64,000 19/03/20 19:02:23
Bidder 5 19/03/20 19:02:23
Bidder 4 £63,500 19/03/20 19:02:19
Bidder 5 £63,250 19/03/20 19:02:03
Bidder 4 19/03/20 19:02:03
Bidder 5 19/03/20 19:02:03
Bidder 4 £61,750 19/03/20 19:01:57
Bidder 5 19/03/20 19:01:57
Bidder 4 £61,250 19/03/20 19:01:55
Bidder 6 19/03/20 19:01:55
Bidder 4 £60,750 19/03/20 19:01:52
Bidder 6 19/03/20 19:01:52
Bidder 4 £60,250 19/03/20 19:01:42
Bidder 5 £60,000 19/03/20 18:50:28
Bidder 5 £58,000 19/03/20 18:21:09
Bidder 4 £57,500 19/03/20 17:46:15
Bidder 3 £57,000 19/03/20 15:52:26
Bidder 2 £56,000 19/03/20 13:28:57
Bidder 1 £55,000 19/03/20 13:27:08
Bidder 2 £54,000 18/03/20 20:02:11
Bidder 1 £53,000 18/03/20 18:40:10

Viewing Information

Booking is required.
In the event of cancellation or amendment, we may contact you with updates. If you do not register but you travel to a viewing, you do so at your own risk.

Joint Agent

David Weathersby
01443 692510

Office Contact

Sean Roper

Documents

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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