Lot 36 - Walters View, 1 & 1A Walter Street, Merthyr Tydfil, CF48 3AW
Guide Price* : £78,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Commercial/Residential Investment
Description
ONLINE AUCTION from 8th DECEMBER - 10th DECEMBER
An opportunity to acquire a ground floor retail unit with self contained flat over. The retail unit has previously traded as a Hairdressers/Tanning salon but now has planning pending from change of use to residential.
The first floor has benefitted from previous upgrading to include fitted kitchen with appliances, white bathroom suite and is in good decorative order. The tenant has made an indication that they are keen to remain in occupation.
VIRTUAL TOUR:
Tenancies
Ground floor to be sold with vacant possession but previously let at £450 pcm
Flat let on AST at £400 pcm
Previous annual income when fully let £10,200
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* : £78,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Commercial/Residential 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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