Lot 22 - Jubilee Buildings, Tower Street, Pontypridd, CF37 1NR

  • Unconditional Online Auction Sale
  • Guide Price* : £85,000+

Former Mechanics Workshop, Two Triple Garages and a Yard.

Description

ONLINE AUCTION from 7th DECEMBER-9th DECEMBER

This former joinery and car repair workshop briefly comprises of a two storey building, yard and two triple garages.

The stone built, two storey building is comprised of two floors, a wc on each floor and an office. The property benefits from electric roller shutters on all doors asides the main door which has a manual shutter. There is single phase electricity, gas (disconnected) and water.

The triple garages located within the yard benefit from single phase electric. Whereas the triple garage facing the Tower Street have no amenities. As both garages contain two entrances, there is potential for both garages to be divided into one double and one single garage.

There is also a yard which could provide parking for a number of vehicles and would allow access for a van.

Additionally, the property benefits for lapsed residential planning – planning reference: 11/0943

Please note that the ramp is not included in the sale of this property but the vendor is willing to negotiate the sale of the ramp. Please see legal pack for further details.

VIRTUAL TOUR

The property is currently vacant but was previously let with accordingly:

Accommodation

Unit No. Income per month Income per annum
Two Storey Building £433.33 (discounted rate) £5,199.96
Garages facing yard £411.67 £4,940.04
Garages facing road £130 £1,560
Total £975 £11,700

Outside: Yard

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. 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

£76,500


Bidding Opens On
7th Dec 2021 12:00
Scheduled End Date

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Paul Fosh Auctions
01633 254044

Documents

Legal Documents

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