Lot 10 - Washington Buildings, Stryd Yr Orsaf, Porth, Rhondda Cynon Taf, CF39 9NY
Lot 10 - Washington Buildings, Stryd Yr Orsaf, Porth, Rhondda Cynon Taf, CF39 9NY
Addendum
Please refer to tenancy details for rental income
Guide Price* : £135,000+
- Unconditional Online Auction Sale
- 13 Bedrooms
Lot 10 - Commercial / Residential Investment
Description
ONLINE AUCTION from 5th MARCH-7th MARCH
A substantial freehold building that occupies an excellent corner position opposite Porth train station. The property comprises a ground floor shop unit with lower ground floor area for storage or display and eight flats on the upper floors.
The property is ideally situated for Porth's main shopping street and is opposite the new Transport Hub and train station. The commercial unit may also offer scope for conversion to residential subject to necessary planning permission.
Virtual Tour:
Council Tax Band
A
Accommodation
| Floor | Description | Rent |
|---|---|---|
| Ground | Retail sales area with lower ground floor storage/display area | |
| Upper floor - Flat 1 | Hallway, lounge/kitchen, bathroom, 2 bedrooms | £415 pcm |
| Upper floor - Flat 2 | Hallway, bathroom, 2 bedrooms, lounge, kitchen | £415 pcm |
| Upper floor - Flat 3 | Hallway, lounge, kitchen, bedroom, bathroom | £400 pcm |
| Upper floor - Flat 4 | Lounge, kitchen, stairs to 2 bedrooms and shower room | Vacant but could achieve £415-£435 when tenanted |
| Upper floor - Flat 5 | Entrance Hall, lounge/kitchen, shower room, stairs to bedroom | £415 pcm |
| Upper floor - Flat 6 | Hallway, lounge, kitchen, shower room, 2 bedrooms | Vacant but could achieve £415 |
| Upper floor - Flat 7 | Hallway, lounge, kitchen, bedroom, bathroom | £415 pcm |
| Upper floor - Flat 8 | Hallway, lounge, kitchen, shower room, 2 bedrooms | £415 pcm |
| Outside | Yard area to rear with parking |
Tenancies
6 flats are currently let and 2 are vacant - potential income when fully let £3266 p/a
Commercial unit sold with vacant possession but should let at £12,000 p/a
Total annual income £52,000
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* : £135,000+
- Unconditional Online Auction Sale
- 13 Bedrooms
Lot 10 - Commercial / Residential Investment
Viewing
Paul Fosh Auctions
Office Contact
Sean Roper
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.
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