Lot 36 - Walters View, 1 & 1A Walter Street, Merthyr Tydfil, CF48 3AW

  • Unconditional Online Auction Sale
  • Guide Price* : £78,000+

Commercial/Residential Investment

Description

ONLINE AUCTION from 8th DECEMBER - 10th DECEMBER

An opportunity to acquire a ground floor retail unit with self contained flat over. The retail unit has previously traded as a Hairdressers/Tanning salon but now has planning pending from change of use to residential.

The first floor has benefitted from previous upgrading to include fitted kitchen with appliances, white bathroom suite and is in good decorative order. The tenant has made an indication that they are keen to remain in occupation.

VIRTUAL TOUR:

Tenancies

Ground floor to be sold with vacant possession but previously let at £450 pcm
Flat let on AST at £400 pcm
Previous annual income when fully let £10,200

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.

Bidding not yet open
Minimum Opening Bid

£73,000


Bidding Opens On
8th Dec 2020 12:00
End Date

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Office Contact

Sean Roper - sean@paulfoshauctions.com

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Paul Fosh Auctions, 01633 254 044
01633 254044

Documents

Legal Documents

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