Lot 27 - Former Doctor Surgery, 45-47 South Road, Porthcawl, CF36 3DG
Lot 27 - Former Doctor Surgery, 45-47 South Road, Porthcawl, CF36 3DG
Guide Price* : £395,000+
- Unconditional Online Auction Sale
Site with Development Potential
Description
ONLINE AUCTION 11th JUNE 2020
A former doctors surgery located within the seaside town of Porthcawl. This substantial building with a detached annexe is located to the north of the town centre and is approximately 10 miles from the M4 motorway.
The main building is arranged over three floors and was previously two large semi detached Victorian houses with an additional detached building to the rear, arranged over two floors.
The overall site is approx. 0.25 acres and the buildings measuring approx. 6,239 sq.ft (580 sq.m). This victorian building offers investors great scope for development (subject to the necessary planning consents).
Porthcawl benefits from an influx of tourism in the summer months and is easily accessible from the M4 motorway in the north, so may be considered for holiday lets or conversion to apartments/houses, amongst other suggested uses.
Please note the property has not been inspected internally however we believe it comprises:
Externally, there is a large car park area which can accommodate up to 12 vehicles.
Planning Permission: A pre-application has been submitted on the site. Reference - P/20/272/FUL
Accommodation
| Floor | Description | Area Sq Ft | Area Sq M |
|---|---|---|---|
| Ground Floor | Main Building | 1909 | 177.71 |
| First Floor | Main Building | 1094 | 108.78 |
| Second Floor | Main Building | 1299 | 120.83 |
| Ground Floor | Detached Building to Rear | 968 | 90 |
| First Floor | Detached Building to Rear | 968 | 90 |
| Outside | Car park area for up to 12 vehicles |
Tenancies
To be sold with vacant possession
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* : £395,000+
- Unconditional Online Auction Sale
Site with Development Potential
Viewing
Paul Fosh Auctions
Office Contact
Ryan Saunders
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.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.