Lot 7 - Theatre Royal, Penydarren Road, Merthyr Tydfil, CF47 0AJ

  • Unconditional Online Auction Sale
  • Guide Price* : Nil
  • Bedrooms: 0

Former Theatre and Opera House

Description

ONLINE AUCTION from 8th MARCH-10th MARCH

Built in 1891, the Theatre Royal in Merthyr Tydfil was originally opened as a theatre with 1,500 seats. The theatre was closed in the late 1960's and was converted into a bingo hall.

This grade II , two storey, Neoclassical building has a rendered brick frontage and is set into the slope opposite Penydarren Park.

The building may be suitable for alternative use (subject to the relevant planning permission).

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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