Lot 58 - Soho Barbers, Cardigan Close, Tonteg, Pontypridd, Mid Glamorgan, CF38 1LD
Guide Price* : £82,000+
- Unconditional Online Auction Sale
Lot 58 - Commercial Investment
Description
ONLINE AUCTION FROM 11TH MARCH - 13TH MARCH 2025
An opportunity to acquire a commercial unit in Tonteg Precinct trading as a barber. The property has been refurbished internally with a modern contemporary finish. The precinct has a number of other traders ensuring good footfall and parking area.
There are currently 2 barbers on a rent a chair basis with potential for 5 more.
Accommodation
| Floor | Area Sq Ft | Area Sq M |
|---|---|---|
| Barbers and reception with waiting area kitchen and w/c | 753 | 70 |
Tenancies
Currently producing approx. £18,200 p/a ( 2 chairs let with scope to let 5 more).
The property has now been let at £850 pcm pm a 5 new year lease
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* : £82,000+
- Unconditional Online Auction Sale
Lot 58 - Commercial 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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