Lot 55 - 67 High Street, Ferndale, CF43 4RR

  • Unconditional Online Auction Sale
  • Guide Price* : £95,000+

LOT 55 - Commercial Development with Planning for Two Flats and Commercial Unit

Description

ONLINE AUCTION from 13th DECEMBER-15th DECEMBER

A substantial four storey corner premises comprising an A3 takeaway premises to the ground floor, planning consent for 1 x one bed flat and 1 x two bed flat to the upper floors. The basement area is of head height and is currently used as a kitchen for food preparation.

The property has pointed stone and smooth cement rendered elevations with a glazed shop front to the ground floor and benefits from roller shutter coverings to ground floor openings.

Location
Located in the town of Ferndale, this property is prominently positioned on the intersection of Cross Street and High Street, the main thoroughfare through the town.

Ideal for commuters, this property is also located on the main bus routes.

Surrounding occupiers include Sheppards Pharmacy, Barclays Bank, Greggs as well as independent local retailers.

Planning Permission
Planning consent has been granted for Internal alteration to level No. 1, 2 and 3 to create 1 x one bedroom apartment, and 1 x two bedroom apartment, further details can be found via Rhondda Cynon Taff Council planning reference 21/0822/10.

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

Business Rates
The current rateable value is £4,000 with the property being listed as ‘shop and premises’.

VAT
We have been informed that there is no VAT due on the sale of this property.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Retail Area tbc tbc
Kitchen tbc tbc
Basement Shower Room tbc tbc
Kitchen tbc tbc
Storage Room tbc tbc
First Floor Bathroom tbc tbc
Room 1 tbc tbc
Room 2 tbc tbc
Kitchen tbc tbc
Second Floor Room 1 tbc tbc
Room 2 tbc tbc
Room 3 tbc tbc
Bathroom tbc tbc
Third Floor Room 1 tbc tbc
Room 2 tbc tbc
Bathroom tbc tbc
Storage Room 1 tbc tbc
Storage Room 2 tbc tbc

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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