Lot 7 - 172 Caerau Road, Maesteg, CF34 0PD

  • Unconditional Online Auction Sale
  • Guide Price* : £21,000 +

Freehold Property for Investment/improvement

Description

ONLINE AUCTION from 27th APRIL-29th APRIL

Situated in Maesteg, this freehold property requires extensive upgrading and improvement throughout but offers much potential.

Previously a betting shop with separate accommodation above,the property would be ideal for conversion into two flats (subject to planning permissions).

The property briefly comprises ground floor retail unit with customer wc, kitchenette, staff room and wc. To the side of the shop unit there is separate access to the first floor flat which offers a good sized living accommodation and could offer three bedrooms, lounge and kitchen.

The area of Caerau offers a selection of local amenities, school, shops and public transport. A larger selection of shops and facilities are available in the nearby town of Maesteg which is located approximately 2.3 miles to the south and can be accessed by vehicle in under 10 minutes.

VIDEO WALKTHROUGH:

Accommodation

Ground Floor: Former Betting shop, customer wc, kitchenette, staff area, staff wc
First Floor: Lounge, kitchen, bathroom, 3 bedrooms
Outside: Small courtyard

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 £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.

Bidding not yet open
Minimum Opening Bid

£17,000


Bidding Opens On
27th Apr 2021 12:00
End Date

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Office Contact

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Paul Fosh Auctions, 01633 254 044
01633 254044

Documents

Legal Documents

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