Lot 55 - Site at Ty Mawr Lane, Cardiff, Newport, CF3 2YF
- Unconditional Online Auction Sale
- Guide Price* : £150,000 +
- Bedrooms: 0
Lot 55 - Land & Yard Opportunity
Description
ONLINE AUCTION from 19th MAY - 21st MAY
The site is level with a regular shape, with boundaries clearly defined by palisade fencing and drainage ditches. The property benefits from concrete hardstanding and double access gates onto Ty Mawr Lane.
There is a modern office on site, along with a container unit, which may be available to purchase by separate negotiation with the current owner following the auction.
The site extends to approximately 0.214 acres (0.086 hectares).
The property is currently let, with approximately 3 years remaining on the lease, generating an income of £2,100 per month.
Location
The site is located within the village of Marshfield, approximately 1¼ miles southeast of the A48, a main route between Newport and Cardiff.
The property is situated on Ty Mawr Lane, a single carriageway road leading west onto Marshfield Road and onwards to the A48. We understand the site benefits from direct access via Ty Mawr Lane.
Tenancies
Please note the property is currently let, as detailed above
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/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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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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