Lot 35 - Decommissioned Electricity Substation, Taffs Fall Road, Treforest Industrial Estate, Pontypridd, CF37 5YB

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000+

Lot 35 - Decommissioned Electricity Substation

Description

ONLINE AUCTION from 4th OCTOBER-6th OCTOBER

A single storey building of brick construction formerly used as an electricity substation.

Location
Located in Treforest Industrial Estate, this property is strategically located adjacent to the A470 Cardiff to Merthyr Tydfil dual carriageway.

The Treforest Industrial Estate is recognised as one of South Wales premier business locations. Junction 32 of the M4 motorway lies approximately 3 miles to the south of Treforest Industrial Estate. Treforest is 9 miles north of Cardiff city centre. Treforest has a train station on the ‘Valleys Metro Line’ with a 20 minute journey time to Cardiff Central which is on the London Paddington main line and also provides links to other cities such as Birmingham and Manchester. The Ports of Cardiff, Barry and Newport are all within 30 mins drive time of Treforest. Cardiff Airport is only 15 miles away from Treforest and provides a well-established cargo unit.

Services
The property benefits from drainage and electricity.

Business Rates
We have been advised that this property is currently exempt from business rates.

VAT
The vendor has advised that no VAT is due on the sale of this property.

Accommodation

Please note that Paul Fosh auctions have not accessed the site so have no further information regarding the accommodation.

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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