Lot 62 - Social Centre, Duffryn Road, Maesteg, CF34 0SS

  • Unconditional Online Auction Sale
  • Guide Price* : £69,000+

Commercial Investment Opportunity

Description

ONLINE AUCTION from 20th OCTOBER

An opportunity to purchase a detached commercial premises in the popular area of Maesteg, approximately 1.5 miles north of the town centre and approximately 8 miles from Bridgend town centre.

This former health clinic is now trading as a social centre, benefits from a prominent position on the main A4063 and provides a customer car park. Further benefits include double glazing and gas central heating (not tested).

Accommodation

The property has not been inspected internally by the auctioneers prior to going to print but we are advised it comprises:
Ground Floor: Entrance lobby, reception room, reception area, room 1, room 2, room 3, staff toilet, male and female toilets, room 4, utility room/kitchenette.
Outside: Car park and landscaped grounds

Tenancies

The property is currently let at £650 pcm (£7,800 pa). Approximately 5 years remaining on lease.

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, 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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Sold for £73,000

This auction is now closed.

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Office Contact

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Paul Fosh Auctions, 01633 254 044
01633 254044

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