Lot 55 - Plot 5, Hannah Street, Porth, Mid Glamorgan, CF39 9PU
- Unconditional Online Auction Sale
- Guide Price* : £35,000+
- Bedrooms: 0
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Addendum
Postponed to future auction due to legal pack delay
Lot 55 - Building Plot
Description
ONLINE AUCTION from 11th APRIL-13th APRIL
The site has been granted planning permission for construction of a new building providing A3 commercial use at ground floor and office use at first floor with a small courtyard to the rear of the site. The overall site area extends to 149 meters/0.03 acres. Situated in the high street (next to the church) the area of land has the benefit of rear lane access and is a short distance to Porth railway station. We have been informed by the current owner that a council grant was available for the build, however this would need to be re-applied for by the new purchaser (enquiries direct to Rhondda Cynon Taff County council).
The council are re-generating the area to include the development of a modern and quality Transport Hub and Station Quarter that efficiently links commercial development with residential areas. The Transport Hub will provide an integrated and improved interchange that aligns both the bus and train stations that will allow them to cope with future, increased passenger numbers and increased services, whilst offering easy access to the whole public transport network.
Porth is a town in the county borough of Rhondda Cynon Taf, within the historic county boundaries of Glamorgan, Wales. Lying in the Rhondda Valley, it is regarded as the gateway connecting the Rhondda Fawr and Rhondda Fach valleys due to both valleys meeting at Porth. Cardiff is approximately 15 miles away.
Planning:
Planning permission has been granted for A3 commercial use at ground floor and office use at first floor
Planning ref: 20/0610/10 (Please contact Rhondda Cynon Taff Local Authority for further information)
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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Auction Finance
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