Lot 83 - Former Iron Works, Iron Way, Tondu, Bridgend, CF32 9BF
- Unconditional Online Auction Sale
- Guide Price* : £320,000+
- Bedrooms: 0
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Former Iron works for Office or Redevelopment Opportunity
Description
ONLINE AUCTION from 8th SEPTEMBER
An opportunity to acquire a substantial Grade II listed freehold building which was formerly part of the Iron works. This versatile building would be ideal for a number of uses including its current configuration as offices or conversion to residential such as a number of flats or one large dwelling. The property would also be ideal for tourism based use such as small hotel, B&B or outdoor pursuits type centre (subject to necessary planning consents). The property currently has planning for a single dwelling.
Download the legal documents for this property.
The village of Tondu lies just 2 miles from the M4 motorway with easy access to both Cardiff and Swansea. The building itself was renovated and refurbished in 2000 with the support of Cadw and the Millennium Commission and currently provides office accommodation over four floors. Externally there is an attractive parkland setting and the property is approached by a driveway with it's own private parking area.
Accommodation
| Floor | Description | Area Sq Ft | Area Sq M |
|---|---|---|---|
| Lower Ground Floor | Meeting room/Staff room | 307 | 28.51 |
| Lower Ground Floor | Separate male, female and disabled wc's | ||
| Ground Floor | Office space | 522 | 48.6 |
| First Floor | Office space | 1,096 | 101.8 |
| Second Floor | Office space | 660 | 61.3 |
| Total | 2,585 | 240.21 |
Tenancies
To be sold with vacant possession but let until recently at £30,000 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 £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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
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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