Lot 15 - The Workshop, Spencer Street, Barry, CF62 8DW

  • Unconditional Online Auction Sale
  • Guide Price* : £58,000+

Lot 15 - Workshop with Potential

Description

ONLINE AUCTION from 4th OCTOBER-6th OCTOBER

A two storey building formerly used as a workshop/storage space. The ground floor of the property is comprised of open space which may be suitable for parking a small van. The top floor of the property is comprised as open space, and has most recently been used as storage.

Benefitting from a secure electric roller shutter door as well as pedestrian access door, there is also right of way via a lane to the right hand side of the property.

Location
Located in Barry within a primarily residential area, this property benefits from close proximity to the docks, as well as local transport links such as Barry station and Barry docks station.

Services
The property benefits from electricity.

Business Rates
We have been advised that the building is currently exempt from business rates, interested parties will need to conduct their own investigations regarding this

VAT
We have been informed that there is not vat due on the sale of this property – (to be confirmed by a solicitor).

Accommodation

Floor Area Sq Ft Area Sq M
Ground Floor 383.52 35.63
First Floor 383.52 35.63

Outside: Right of access to the lane to the right of the property

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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