Lot 33 - 52 Cardiff Road, Caerphilly, Mid Glamorgan, CF83 1JQ
Lot 33 - 52 Cardiff Road, Caerphilly, Mid Glamorgan, CF83 1JQ
Guide Price* : £88,000+
- Unconditional Online Auction Sale
Lot 33 - Commercial Retail Investment
Description
ONLINE AUCTION from 1st September-3rd September
A freehold mixed-use property situated on Cardiff Road in Caerphilly, comprising a ground-floor retail unit currently trading as a barbers, together with additional accommodation above.
The ground-floor commercial premises are let on a 10-year lease from 1st September 2025, at a current annual rent of £11,250 per annum, with a rent review on the fifth anniversary of the term. The permitted use under the lease is as a retail barber premises.
The accommodation above is currently in need of refurbishment and offers potential for conversion to a residential flat, subject to the necessary planning/consents and any required negotiations or agreements with the existing commercial tenant.
The property provides an attractive opportunity for investors seeking an income-producing commercial property with potential to add further value through the upper-floor accommodation.
Tenancies
Ground-floor commercial unit let at £11,250 per annum. Please refer to the legal pack for full lease terms.
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.
Bidding open
- Unconditional Online Auction Sale
Lot 33 - Commercial Retail Investment
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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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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