For Sale By Auction | 19:00, 15 May 2019 | Lot 19

79-80 Hannah Street, Porth, Rhondda Cynon Taff, CF39 9PY

*Guide | £105,000 + (plus fees)

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 15/05/2019

Auction Time

19:00

Auction Venue

Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

Commercial Investment

The property is let in its entirety to Coral Racing Limited at a rent of £17,000 per annum. Coral Racing Limited are currently holding over; on their existing lease which expired on 23 March 2019 as part of their nationwide real estate strategy to not currently renew any leases. The Property is located on Hannah Street, Porth which is a busy town with a mix of local and national multiples located some 15 miles from Cardiff.

Tenure

See Legal Pack

Description

The Property comprises a substantial mid terrace building over basement, ground, first, second and third floor levels. The property has return frontage to Hannah Street and Station Street. The ground floor has a standard Coral Bookmakers fit out – there is potential to create residential accommodation to the upper floors, subject to the necessary planning consents.

Viewing Schedule

We are unable to gain access to the whole buildings for viewing.

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Rhondda Cynon Taff County Borough Council

Solicitors

Burnetts, Victoria House, Wawell Drive, Rosehill, Carlisle, CA1 2ST, Ref: Rebecca Davidson, Tel: 01228 552271

Additional Fees

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 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.