Lot 68 - 37 High Street, Ferndale, CF43 4RH
Lot 68 - 37 High Street, Ferndale, CF43 4RH
Addendum
This lot has been withdrawn from the auction.
Guide Price* : £74,000+
- Unconditional Online Auction Sale
- 1 Bedroom
Commercial/Residential Investment Opportunity
Description
ONLINE AUCTION from 16th MARCH-18th MARCH
A freehold building comprising a ground floor retail unit with first floor flat. The property is situated in a parade of shops within the main shopping area in the town of Ferndale. The ground floor is occupied by a barbers/hairdressers and other occupiers in the area include both national and local retailers.
VIRTUAL TOUR
Accommodation
| Floor | Description | Rent |
|---|---|---|
| Ground Floor | Hair salon, office/store area, storeroom, kitchen, wc | Shop let on a five year lease at £350 pcm (£4,200 pa) |
| First Floor | Landing, lounge/bedroom, kitchen, bathroom | Flat previously let at £314 pcm (£3,768 pa) |
| Outside | Rear yard | |
| Total income when fully let | £7,968 |
Tenancies
Shop is let at £350 per calendar month (£4,200 per annum)
Flat is being sold with vacant possession but was previously let at £314 per calendar month (£3,768 per annum)
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* : £74,000+
- Unconditional Online Auction Sale
- 1 Bedroom
Commercial/Residential Investment Opportunity
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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