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ONLINE AUCTION from 13th DECEMBER-15th DECEMBER
An opportunity to acquire a mid terrace commercial property with ancillary accommodation above. This versatile property offers scope for use as a commercial/office or conversion to either two flats or one residential dwelling (subject to necessary planning consents).
Location
The vibrant town of Ystrad Mynach lies approximately 5 miles from Caerphilly and is convenient for access to the A469. There are a number of both national and local retailers in the town and a wealth of local amenities.
Services
The property benefits from water, gas and electric (not tested).
Business Rates
Current rateable value is £2,425. The property is classified as 'Dental laboratory & premises'.
VAT
We have been advised that VAT is not payable (to be confirmed by a solicitor).
Floor | Description | Area Sq Ft | Area Sq M |
---|---|---|---|
Ground Floor | Retail area, rear office, store room, bathroom area | 502 | 46.6 |
First Floor | Landing, 3 rooms | 509 | 47.3 |
Outside | Rear garden area with lane access |
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
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.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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