Lot 58 - Former Food Store, Cambrian Avenue, Gilfach Goch, Porth, CF39 8TB

  • Unconditional Online Auction Sale
  • Guide Price* : £110,000+

Lot 58 - Commercial Investment

Description

ONLINE AUCTION from 26th JULY - 28TH JULY

The property is prominently positioned on the corner of Fen Street and Cambrian Avenue, which is the main road leading into Gilfach Goch.

The property comprises a single storey ground floor shop with a two storey block to the rear and a loading area to the left hand side. The shop entrance is on Cambrian Avenue, where there is unrestricted on street parking.

We have been informed that the property falls below the threshold for business rates.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Sales 1,143 106.20
Ground Floor Office 50 4.60
Ground Floor Kitchen 89 8.30
Ground Floor Ancillary 362 33.60
First Floor Ancillary 866 80.50
First Floor WC
Total 2,510 233.20

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. 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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Paul Fosh Auctions
01633 254044

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