Lot 25 - Furnace Fryers, 39 Victoria Street, Dowlais, Merthyr Tydfil, Mid Glamorgan, CF48 3RN

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

Lot 25 - Commercial/Development opportunity

Description

ONLINE AUCTION from 4th - 6th OCTOBER

An opportunity to acquire a substantial Freehold building comprising a Fish and chip shop with ancillary accommodation on the ground floor and first floors with garage/storage unit to rear.

This is an ideal opportunity for persons in the food takeaway business for a potential live over unit or those looking for buildings that offer scope for conversion to residential, either flats or houses (subject to necessary planning consents)

The property occupies a prominent position in the village on the main shopping and through road with other traders close by and good road links to the A465 and Merthyr Tydfil

Accommodation

Ground Floor: Takeaway and serving area, kitchen and prep room, chipping area, wc
Rear garage/storage building open plan over two floors
First Floor: Landing, 2 rooms, wc
Outside: Yard area

Please note that the fryer and other kitchen equipment is available subject to separate negotiation

Tenancies

To be sold with vacant possession

Investors: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email rhys@paulfoshlettings.com for invaluable advice.

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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