Lot 30 - 43 & 43a Commercial Street, Aberbargoed, CF81 9BT

  • Unconditional Online Auction Sale
  • Guide Price* : £64,800+
  • Bedrooms: 1

Lot 30 - Commercial Unit with Flat

Description

ONLINE AUCTION from 16th MAY-18th MAY

A ground floor retail unit with tenanted flat.

The ground floor unit comprises of a retail area, kitchen and bathroom. The property was previously used as a tattoo parlour but would suit a number of uses subject to the relevant consents.

To the first floor there is a self-contained flat currently tenanted on a monthly rolling tenancy. The current tenant has occupied the property for a number of years and pays £385pcm.

To the rear of the property is a garden with shed. Furthermore, the property benefits from parking.

Location
This property fronts Commercial Road, one of the main thoroughfares through Aberbargoed.

The town of Aberbargoed is located approximately 8 miles from Caerphilly town centre and is accessed via the A4049 and A469.

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

Business Rates
We have been advised that the property is listed as ‘shop and premises’ and has a current rateable value of £3,550.

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

Council Tax Band

A

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Retail Area 415.91 38.64
Kitchen 96.87 9.0
Bathroom 76.74 7.13
First Floor Living Room 187.18 17.39
Bedroom 127.98 11.89
Kitchen 43.19 6.8
Bathroom 47.36 4.4

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Shop Vacant Vacant Vacant Vacant
Flat AST (periodic) February 2021 Periodic £385

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 £1,200) 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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