Lot 52 - 215 Ystrad Road, Pentre, CF41 7BL

  • Unconditional Online Auction Sale
  • Guide Price* : £80,000+
  • Bedrooms: 0

Lot 52 - Commercial/Redevelopment Opportunity

Description

ONLINE AUCTION from 30th AUGUST-1st SEPTEMBER

An end of terrace three storey building, previously operated as a bank. The ground floor is fitted out as a banking hall. The first floor comprises staff and ancillary accommodation benefiting from UPVC double glazing, additionally there is a large basement. The property offers a number of potential alternative uses or redevelopment opportunities (subject to the necessary consents).

Location
The property is situated on Ystrad Road in the village of Ton Pentre, with access to the A470 providing links to Cardiff in the South East.

Planning Permission
We are unaware of any planning applications on this property. For further information please contact the local council.

Services
The property benefits from gas, electric and water (not tested).

Business Rates
Current rateable value is £11,000. The property is classified as Bank and premises.

VAT
Vendor has advised that there is no VAT due on the sale of this property (to be confirmed by a solicitor).

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Former Banking Hall 620.32 57.63
Former Store Room 49.83 4.63
Former Office 188.58 17.52
Former Back Store Room 68.13 6.33
First Floor (Ancillary) Bathroom 47.79 4.44
Toilet 59.63 5.54
Room 1 302.78 28.13
Room 2 143.59 13.34
Room 3 273.51 25.41
Room 4 302.89 28.14
Basement Unable to access

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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