Lot 95 - 5-6 Bridge Street, Tonypandy, CF40 2TU

  • Unconditional Online Auction Sale
  • Guide Price* : £45,000 +
  • Bedrooms: 0

Commercial/Development Opportunity.

Description

ONLINE AUCTION from 8th - 10th June

Located within close proximity to the high street, this property would make the perfect estate agents, financial services or retail unit, subject to the relevant change of use. There may also be potential for conversion into residential accommodation, subject to the relevant planning consent. Directly opposite the property is a public car park which is currently free of charge to use.

At present, the property is in use as an opticians, however, it is to be sold with vacant possession. The ground floor of this property has recently been refurbished and comprises of a double fronted shop front, open plan reception area, opticians testing room, kitchen and extension. There is also an entrance to the cellar located at the front of the unit, and a garden to the rear.

The first floor is currently in use as a ancillary/storage. It comprises of four rooms and a wc, there are also stairs leading to the attic. This property does require modernisation and refurbishment.

There is electric and water supply at the property (not tested), We have been advised that there was previously gas at the property although this is no longer in use.

Accommodation

Ground Floor: Reception, testing room, kitchen, extension
Lower Ground Floor: Cellar
First Floor: 4 storage rooms, WC
Outside: Gardent to 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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