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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/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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