Important Notice - Coronavirus (Of COVID-19)
Postponed | Lot 20

11-13 The Parade, Dinas Powys, The Vale Of Glamorgan, CF64 4NR

Postponed

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 01/04/2020

Auction Time

12:00

Auction Venue

Online Only Bidding closes 12 noon 1st April 2020,

Viewing Times:

Wed 25 Mar

13:00-13:30

Mon 30 Mar

13:00-13:30

Commercial Investment/Development

A Substantial end of terraced property comprising of a former convenience store to the ground floor with 2 x two-bedroom flats above which are currently let. Neighbouring occupiers within the parade include Tesco Extra, McColls and independent traders, there is parking to the front and rear of the parade. The vacant ground floor currently benefits from planning for A3 & D2 consent, prospective purchasers are advised to contact the local authority planning department for further information. In our opinion the building would offer a sole trader a good business opportunity or would also be a popular investment. The two fully refurbished flats are currently both let on AST’s producing a combined total of £13,800 per annum (£575 p/c/m per flat).

Tenure

See Legal Pack

Ground Floor

A net internal area measuring approximately 3,375sqft which has been ripped out to shell condition ready for building works to commence for the planned coffee shop/cafe and gymnasium.

First Floor

Accessed via a rear staircase. Two recently refurbished two bedroom self-contained flats both set out with hallway, lounge open plan to kitchen, two bedrooms, bathroom.

Outside

Parking areas to front and rear.

Viewing Schedule

Wednesday 25th March 13.00 - 13.30 Monday 30th March 13.00 - 13.30

Energy Efficiency Rating (EPC)

Current Rating TBC

Solicitors

Robertsons Solicitors, 2-4 Buttrills Road, Barry, Vale Of Glamorgan, CF62 8EF, Ref: Andrew Humphreys, Tel: 02920 237777

Additional Fees

Buyer's Premium - 0.6% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.