Lot 1 - 96 Dunraven Street, Tonypandy, Mid Glamorgan, CF40 1AR

  • Unconditional Online Auction Sale
  • Guide Price* : £49,000+
  • Bedrooms: 0
  • Bathrooms: 0
  • Reception Rooms: 0

Potential Development Opportunity/Commercial Investment

Description

A large double fronted commercial unit located in a prominent town centre location. Previously in use as a retail sports shop, the building has fallen into disrepair in recent years and now requires full renovation. The property measures approximately 135.7 square metres (1,460 square feet).

Tonypandy town centre benefits from high volumes of footfall on a daily basis. There is a selection of national and local retailers in the area.

The property would offer potential for a number of suggested uses or for re-development (subject to the necessary consents). All interested parties should direct their enquiries to the local authority.

Accommodation

Ground Floor - Main retail area,
First Floor - Landing, 3-rooms, access to loft space

Tenancy Details

To be sold with vacant possession

Tenure

Tenure is advised Freehold - to be verified

Auction Fees And Additional Costs

Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.2% inc. VAT of the final sale price (subject to a minimum of £995 inc. VAT).

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. 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.

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