Lot 29 - 147 Clifton Street, Cardiff, CF24 1LZ
Guide Price* : £380,000+
- Unconditional Online Auction Sale
- 6 Bedrooms
Lot 29 - Tenanted Shop and X4 Vacant Flats
Description
ONLINE AUCTION from 26th JULY-28th JULY
Located in Cardiff, this building is prominently positioned on the junction of Four Elms Road and Clifton Street.
The ground floor is comprised of a tenanted convenience store achieving an annual rental of £15,600 payable quarterly in advance.
Located on the first floor are x2 two-bedroom flats, on the top floor is a one bed flat and a studio. All four of the flats provide opportunity for additional rental income. The two bedroom flat could achieve a potential rental of approx. £775 pcm and the 1 bedroom and studio could achieve a potential rental of £680 pcm.
All flats have a buzzer entry system. There is gas, electric and water at the site (not tested)
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* : £380,000+
- Unconditional Online Auction Sale
- 6 Bedrooms
Lot 29 - Tenanted Shop and X4 Vacant Flats
Viewing
Paul Fosh Auctions
Office Contact
Debra Bisley
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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