Lot 44 - 82/83 Tylacelyn Road, Tonypandy, CF40 1LA

  • Unconditional Online Auction Sale
  • Guide Price* : £210,000+

Lot 44 - x2 Commercial Units, x4 Residential Flats - Fully Tenanted

Description

ONLINE AUCTION from 26th JULY-28th JULY

Located in an established high street on one of the main thoroughfares through Penygraig this property would make an ideal investment.

The property is comprised of two commercial units, X2 1 bedroomed flats, x2 two bedroom flats.

Fully tenanted, with a rental income of £27,600 per annum this property. Based on the guide price this would provide a rental yield of 13.145.

Accommodation

Column 1 Column 2 Column 3
Property Tenancy Details Monthly Rent
No.82-Flower Shop 12 month rolling FRI Lease from 14th Jan £400
No.83-Gift/Card Shop 12 month rolling FRI Lease from 14th Jan £400
No.82a-2 Bedroom Flat 12 months (Sec 21 served) £425
No.82b-1 Bedroom Maisonette 2 years + £325
No.83a-2 Bedroom Flat 12 month tenancy rolling £375
No.83b-1 Bedroom Flat 12 month tenancy from 19th Jan 2021 £375
Monthly Total £1,925

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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