Lot 40 - 36 High Street, Ferndale, CF43 4RH

  • Unconditional Online Auction Sale
  • Guide Price* : 65,000+

LOT 40 - - Mixed Use Investment Property

Description

ONLINE AUCTION from 13th DECEMBER-15th DECEMBER

The property benefits from UPVC double glazing and roller shutter door to the front, with shop area and large store/stock room. The first floor flat comprises of lounge, kitchen, bedroom and bathroom.

Location
This double fronted shop with living accommodation to the first floor is situated on the busy high street in Ferndale town centre.

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

Business Rates
Current rateable value is £4,050. The property is classified as 'Shop and premises'.

VAT
We have been advised that there is no VAT payable on the sale of this property.

Accommodation

Ground Floor: Shop area, large store/stock room
First Floor Flat: Lounge, kitchen, bedroom, bathroom
Outside: Small rear yard with garden store

Council Tax Band

A

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/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.

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Paul Fosh Auctions
01633 254044

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