Lot 15 - Dowlais Stores, Station Terrace, Dowlais, Merthyr Tydfil, Mid Glamorgan, CF48 3PU

  • Unconditional Online Auction Sale
  • Guide Price* : £22,500+
  • Bedrooms: 0

Lot 15 - Commercial Opportunity

Description

ONLINE AUCTION from 25th JULY-27th JULY

An opportunity to acquire a detached retail unit situated in the popular area of Dowlais which is north of Merthyr Tydfil town centre

The property has most recently been occupied by a haircare company but may also offer alternative use in the future such as A3 takeaway (subject to the necessary planning consents and change of use).

Please Note: The external photos are current but the internal photo's are approximately 10 years old.

Accommodation

No internal inspection has been carried out by Paul Fosh Auctions. We believe the property to consist:
Ground Floor: Retail area/storage, wc

Tenancies

To be sold with vacant possession but potentially could let at £4,800 per annum.

Investors: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email sarah@paulfoshlettings.com for invaluable advice.

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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