Lot 41 - Former Community Centre, Rear of Oxford Street, Nantgarw, Cardiff, CF15 7ST

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000+
  • Bedrooms: 0

Commercial Investment

Description

ONLINE AUCTION from 8th JUNE-10th JUNE

This former community centre is located at the rear of Oxford Street, Nantgarw. There are a number of industrial sites, business sites and residential accommodation within close proximity. In terms of transport, Trefforest Estate train station is a short walk (approximately 20 minutes), and the A470 provides access to the M4.

The property is currently being used as a community centre, but would suit a multitude of uses, including a gym, storage, offices, food production centre or online business. We have been advised that there may be a possibility for residential development subject to the relevant planning consents.

All mains services are connected to the property Electricity, gas, water and drainage.

There is a garage/outhouse to the side of the property.

Accommodation

Ground Floor: Hall, store room, male wc, female wc, office, kitchen (121.91 sq m/1,312.22 sq ft)
Outside: Garage/outbuilding, land to the rear

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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