Lot 41 - Former Canteen Buildings, Morgan Street, Llanbradach, Caerphilly County Borough, CF83 3QT

  • Unconditional Online Auction Sale
  • Guide Price* : £59,000
  • Bedrooms: 0

lot 41 - Commercial opportunity

Description

ONLINE AUCTION from 21st - 23rd June

An opportunity to acquire a plot of land with large unit. The unit is situated on a site in the village of Llanbradach which lies approximately 10 miles from Junction 28 on the M4 motorway and Newport. The yard area with blue fencing around it may offer scope to part fence and gate to create a compound. The unit benefits from all new electrics throughout and has been set up to split into 2. This would be an ideal opportunity for either commercial use, light industrial or offices (subject to neccesary planning consents).

Accommodation

Unit: Large vacant unit with 2 storey office, canteen and wc
Office: 15 ft x 27 ft
Unit: 93 ft x 27 ft
Unit: 22 ft by 27 ft
Separate lock up unit
Outside: External yard with good access

Tenancies

To be sold with vacant possession however the smaller unit could potentially let for £200 per calendar month
Potential income £1600 per calendar month once renovated

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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