Lot 100 - Pleasure or Pain Productions, 26 Cardiff Street, Aberdare, CF44 7DP
Lot 100 - Pleasure or Pain Productions, 26 Cardiff Street, Aberdare, CF44 7DP
Addendum
Please note: The guide price and reserve price have been reduced.
Guide Price* : £59,000+
- Unconditional Online Auction Sale
Lot 100 - Commercial Investment
Description
ONLINE AUCTION from 3rd FEBRUARY-5th FEBRUARY
A four-storey commercial property located on Aberdare High Street, currently let to Pleasure or Pain Productions. We are advised that the property generates a rental income of £900 per calendar month.
The property is currently within commercial use class but offers potential for residential conversion to the upper floors, subject to the necessary planning
permissions and the existing tenancy.
The basement could offer development opportunities for additional commercial premises subject to planning.
Accommodation
Basement: Benefits from rear access and offers potential for parking
Ground Floor: Shop entrance from the High Street leading to a reception area
First Floor: Two studio rooms with WC facilities
Second Floor: Two studio rooms and a bathroom
Tenancies
Currently let to Pleasure or Pain Productions
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* : £59,000+
- Unconditional Online Auction Sale
Lot 100 - Commercial Investment
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
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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