Lot 36 - 6 Llwynypia Road, Tonypandy, Mid Glamorgan, CF40 2EL

  • Unconditional Online Auction Sale
  • Guide Price* : £75,000+
  • Bedrooms: 3

Lot 36 - Residential / Commercial investment opportunity

Description

ONLINE AUCTION from 7th MARCH-9th MARCH

A substantial freehold building comprising two flats and workshop space and basement storage. The flats are occupied by established tenants who have expressed they are keen to remain.

The workshop space offers scope to let as one or two units or change use to retail or residential (subject to necessary planning consents). The property is ideally situated for access to the town centre with its wide range of amenities and transport links.

Accommodation

Ground Floor: 2 Workshop areas (600 ft2)
First Floor: Flat 6a – Hallway, kitchen, showeroom, w/c, lounge/dining room, 2 bedrooms
Second Floor: Flat 6b – Entrance, lounge, kitchen, bedroom, bathroom
Lower GF: Basement with 3 rooms (ideal for storage or workshop)
Outside: Rear carpark for several vehicles

Tenancies

Workshop area to be sold with vacant possession
Flat 1 let at £3,769.92 p/a
Flat 2 Let at £4,732 p/a
Current annual rent £8,501.92 with scope to increase

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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