Lot 59 - 249 East Road, Tylorstown, Ferndale, CF43 3HG

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Lot 59 - 249 East Road, Tylorstown, Ferndale, CF43 3HG

Map view Bid now

Guide Price* : £45,000+

  • Unconditional Online Auction Sale
  • 4 Bedrooms

Lot 59 - Mixed Use Development with Lapsed Planning

Description

ONLINE AUCTION from 16th DECEMBER-18th DECEMBER

A four storey end of terrace premises. The ground floor is let at £500 to a barber shop. There is a four bedroomed flat on the upper floors, which is currently vacant but could let at £650/700 per a month.

The basement is accessed externally at the rear of the property. Planning has been granted to convert the uppers into two self-contained two bedroom flats – this planning is now lapsed but could be reinstated subject to the relevant consents.

To the rear of the property is a parcel of land.

Location:
Situated on the A4233, main thoroughfare through Tylorstown this property gains plenty of attention from passing traffic. Positioned in a mixed used development area this property is within close proximity to a number of independent traders such as Londis, takeaways and newsagents. The property is positioned on the main bus route through Tylorstown.

Planning Permission
Planning has been granted for the conversion of 4 bedroom flat into two self-contained two bedroom flats – planning reference 15/1070/10. Please contact Rhondda Cynon Taf council for further information.

Services:
The property benefits from gas, water, electric (not tested).

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

We have been advised that the property was previously let at £1,100.

VIRTUAL TOUR

Council Tax Band

A

Tenancies

The shop is let on a 5 year lease at £500 pcm £6000 p/a

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* : £45,000+

  • Unconditional Online Auction Sale
  • 4 Bedrooms

Lot 59 - Mixed Use Development with Lapsed Planning

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Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Office Contact

Sean Roper

sean@paulfoshauctions.com 01633254044
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Lot 59 - 249 East Road, Tylorstown, Ferndale, CF43 3HG

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