Lot 70 - 80 Commercial Street, Mountain Ash, CF45 3PP

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000+
  • Bedrooms: 0

Commercial/Redevelopment Opportunity

Description

ONLINE AUCTION 23rd JULY 2020

The property is a freehold, end of terrace, three storey building occupying a prominent corner position in the town of Mountain Ash. The property comprises approximately 544.2 Sq m (5,859 Sq ft) of accommodation.

The ground floor is fitted out as a banking hall with partitioned office content and benefits from carpeted flooring, suspended ceiling with inset fluorescent strip light panels, wall mounted air-conditioning units and gas central heating (not tested).
The first floor is divided into two units, having previously been occupied as banking offices and a solicitor’s office. The second floor provides further office accommodation that benefits from carpeted floors, fluorescent strip lighting, kitchen and WC facilities.

VIEWINGS
Due to easing of travel restrictions by the Welsh Government, we are now carrying out viewings on this property. To book onto a scheduled viewing, please email info@paulfoshauctions.com or call 01633 254 044.

The property offers a number of potential alternative uses or redevelopment opportunities such as flats or a mix of commercial with residential over (subject to necessary planning consents).

The property is situated on Commercial Street to the corner of Pryce Street in the centre of Mountain Ash in close proximity to Mountain Ash train station. Oxford Street accommodates a mix of both local traders and national retailers and provides nearby access to the A470 providing links to Pontypridd and Cardiff in the south.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Banking Hall 2,349 218.2
First Office 1,594 148.0
Second Office 1,695 157.5
Basement Storage 221 20.5
Total 5,859 544.2

Viewing Schedule

Date Time

Tenancies

To be sold with vacant possession

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 £975) 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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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.

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