Lot 43 - 42 Wyndham Street, Treherbert, Treorchy, CF42 5BS

  • Unconditional Online Auction Sale
  • Guide Price* : £105,000+

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Commerical/Residential Investment

Description

ONLINE AUCTION 11th JUNE 2020

A very large, end of terrace property located within a mainly residential area. The property comprises of a large ground floor shop unit with separate access to the house. The property offers scope for conversion to an apartment on the lower ground floor and a maisonette on the upper floors (subject to the neccessary planning consents). The property not only benefits from a large floor area, but also a very sizeable level garden which has a garage unit to the boundary. The house is in good condition throughout and is ready to let.

This unit would be useful for car parking, storage or may offer potential for development (subject to neccessary planning consents). The area of Tynewydd offers a range of amenities, with the nearby towns of Treherbert and Treorchy offering a more extensive range of shops and transport links including railway station with direct links to Cardiff. Situated at the base of the Rhigos mountain which offers walking and cycling routes along with stunning views of the surrounding valleys. Once on the other side of the mountain you are in close proximity of the A465 (Heads of Valley road) which links with Swansea in the west and Abergavenny in the east.

Accommodation

Shop
Ground Floor: Shop area, wc
House
Ground Floor: Entrance hallway
Lower Ground Floor: Living room, dining room, kitchen, bathroom
First Floor: Landing, 3 bedrooms
Second Floor: Landing, bathroom, 1 bedroom
Outside:Large level rear garden with garage unit

Tenancies

The shop is currently let to a charity at £57.50 pw (£2,990 pa)
The house will be sold with vacant possession but was recently let at £575pcm (£6,900 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 1.2% of the purchase price (subject to a minimum of £750) 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. Please check accompanying legal pack for further details.

* 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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Paul Fosh Auctions, 01633 254 044
01633 254044

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