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ONLINE AUCTION from 11th APRIL-13th APRIL
A substantial freehold building comprising 12 flats situated in Porth. The flats have previously been fully let and enjoy good occupancy levels but are now sold wuith vacant possesion to allow a new buyer the opportunity to refurbish the building and re-let at higher rents.
Externally there is an extra parcel of land to the right of the property which may offer scope for further development (subect to neccesary planning consents)
Further details to follow
0 years ( years unexpired)
To be sold with vacant possession
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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.
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