Lot 9 - Thespian House, Penydarren Road, Merthyr Tydfil, CF47 0AJ

  • Unconditional Online Auction Sale
  • Guide Price* : £9,100+
  • Bedrooms: 0

Addendum

Please note the guide price has been increased.

Lot 9 - Commercial Premises

Description

ONLINE AUCTION from 26th JULY-28th JULY

Thespian house, is an extension to the Theatre Royal building. The property was built in the 1920’s and was a fine example of an Art Deco building.

The property is reportedly a grade II, two storey building with attic although Paul Fosh Auctions have not accessed the property to confirm this. The building 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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