Lot 46 - Unit 2 Mellyn Mair Business Centre, Wentloog Avenue, Cardiff, CF3 2EX
Guide Price* : £164,000+
- Unconditional Online Auction Sale
Lot 46 - Industrial Unit & Office Space
Description
ONLINE AUCTION from 5th MARCH-7th MARCH
The unit provides office space to part of the ground and first floor and the remainder of the ground floor is warehouse storage with parking accessible by two roller shutter doors. The unit benefits from comfort cooling and heated office space, telecom system, alarm system. WC facilities and kitchen facilities. The property also benefits from three car parking spaces to the front of the property.
Other occupiers include Robert Price builder merchants, CMB Electrical Ltd, UDO Ltd and Kingspan.
Location
Melyn Mair Business Centre is located on Lamby Way Industrial Estate to the south of Wentloog Avenue, Rumney. It is approximately 3 miles to the north-east of Cardiff city centre and within 1 mile of Souther Way (A4161) which leads directly onto the M48 Cardiff to Newport trunk road and junction 30 of the M4 motorway.
Business Rates
Current rateable value is £13,500. The property is classified as ‘Offices and premises'.
VAT
Vendor has advised that there is no VAT due on the sale of this property .
Accommodation
| Floor | Area Sq Ft | Area Sq M |
|---|---|---|
| Ground Floor | 1,761 | 163.60 |
| First Floor | 1,771 | 164.53 |
| Total | 3,532 | 328.13 |
Tenancies
To be sold with vacant possession
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/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.
Guide Price* : £164,000+
- Unconditional Online Auction Sale
Lot 46 - Industrial Unit & Office Space
Viewing
Paul Fosh Auctions
Joint Agent
Fletcher Morgan Chartered Surveyors
Office Contact
Debra Bisley
Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.