Lot 38 - 88 Nolton Street, Bridgend, CF31 3BP

  • Unconditional Online Auction Sale
  • Guide Price* : £110,000+

LOT 38 - Freehold Building for Investment

Description

ONLINE AUCTION from 8th NOVEMBER-10th NOVEMBER

A freehold end terrace building situated in the heart of Bridgend town centre, ideal for those looking for an investment opportunity.

The ground floor is currently occupied by Liquid Vapes and is achieving £5,400 pa.

The first floor offers a two bedroom flat which benefits from double glazed windows and gas central heating (not tested). Typically, properties in this area can achieve in the region of £600 per calendar month.

Location
The property is located in a prominent position in the town centre with various shops and cafes and offers good access to the local train station and the A48 is a short distance away offering easy access into Cowbridge and Cardiff.

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

Business Rates
Current rateable value is £5,300. The property is classified as 'Shop and premises'.

Accommodation

Ground Floor: Shop front, reception area
First Floor: Lounge, two bedrooms, kitchen, bathroom
Outside: Courtyard

Council Tax Band

A

Tenancies

Liquid Vapes is on an AST agreement and is achieving £5,400 pa.

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.

Loading the bidding panel...

Office Contact

Viewing

Paul Fosh Auctions
01633 254044

Documents

Related Documents

Share