Lot 87 - 48 Hannah Street, Porth, Mid Glamorgan, CF39 9RA
Lot 87 - 48 Hannah Street, Porth, Mid Glamorgan, CF39 9RA
Guide Price* : £73,000 +
- Unconditional Online Auction Sale
Lot 87 - Mixed-Use Opportunity
Description
A mid-terraced, mixed-use freehold property comprising both commercial and residential accommodation.
The ground floor commercial unit is currently vacant, with heads of terms agreed for a new tenant on a 3-year lease at £500 per calendar month, as advised by the landlord. The first-floor flat, which benefits from a separate entrance, is currently let at £450 pcm with a tenant in situ.
Located on Hannah Street, the main shopping street in Porth, the property is surrounded by a mix of local and national retailers and is situated adjacent to the town’s new transport hub.
Accommodation
Ground Floor: Retail sales area
First Floor: Flat
Tenancies
Please note the residential element is currently let, as detailed above. The commercial unit is currently vacant, with heads of terms agreed for a new tenancy.
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* : £73,000 +
- Unconditional Online Auction Sale
Lot 87 - Mixed-Use Opportunity
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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