Lot 76 - Former Wine Cellars, Regent Street, Treorchy, CF42 6PR

  • Unconditional Online Auction Sale
  • Guide Price* : £140,000+

Lot 76 - Former Wine Cellar Warehouse with Planning for Five Bed House

Description

ONLINE AUCTION from 30th AUGUST-1st SEPTEMBER

Location
Located in the popular residential street in Treorchy, this former wine cellar warehouse would make an ideal investment. The property benefits from being located within close proximity to Treorchy train station, and local bus routes.

Planning Permission
Full Planning Permission has been granted to convert this property into a five bedroom property with off street parking and a rear garden. Architectural, engineering designs and reports are included within the legal pack.

Subject to the relevant planning consent, the property may also lend itself to commercial use, for example a gym, café or nursery.

Services
The property benefits from electricity and water (not tested).

Business Rates
We have been informed that business rates are exempt for this property.

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 Room 1 165.44 15.37
Room 2 598.15 55.57
Room 3 131.21 12.19
Room 4 760.68 70.67
Room 5 705.47 65.54
WC 31.22 2.90
First Floor Room 1 179.32 16.66
Room 2 525.39 48.81
WC 50.05 4.65
Room 3 131.42 12.21
Room 4 67.92 6.31

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

Documents

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