Waiting for video...
ONLINE AUCTION from 26th JULY-28th JULY
A substantial freehold building with three floors of accommodation. The property is situated on a prominent corner position within the pedestrianised area of Merthyr Tydfil town centre with a number of both local and national traders close by. There are currently two vacant commercial units with ancillary accommodation over offering scope to convert to residential either 4 or 5 flats or HMO (subject to necessary planning consents)
The town of Merthyr Tydfil is currently enjoying a good level of investment and regeneration and it may be possible for local authority grants (all enquires via local authority). There are a number of both local and national retailers close by including estate agents, banks & pubs and restaurants.
|Floor||Description||Area Sq Ft||Area Sq M|
|Ground||134 - Retail sales area and basement (no internal inspection)|
|Ground||135 - Retail sales area||542||50|
|Ground||Rear storage/office space||914||84|
|First||Partitioned into 4 areas||1290||119|
|Second Floor||Partitioned into 3 areas||845||78|
|Total 3591||Total 331|
All measurements are approximate and should be checked by interested parties prior to bidding
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.