Sold Prior | Lot 18

12 High Street, Tonyrefail, Rhondda Cynon Taff, CF39 8PG

Sold Prior

  • Mixed Use
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 23/10/2019

Auction Time

17:00

Auction Venue

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

Viewing Times:

Wed 9 Oct

15:00-15:30

Wed 16 Oct

15:00-15:30

Fri 18 Oct

16:00-16:30

Former Take Away with two apartments-Part Let

An end of terraced building comprising of a high spec modern fully fitted former chip shop to the ground floor therefore benefiting from A3 use with 2 x self-contained two bedroom, two storey apartments above which are both currently let by the same tenant. The property benefits from pointed stone and colour washed rendered elevations and double glazed (UPVC) fenestration. The building is located in the village of Tonyrefail having local shops, school and other amenities, it also benefits from good access to Porth, Llantrisant, Talbot Green and the M4.

Tenure

See Legal Pack

Ground Floor

Servery counter area, prep area, w/c, kitchen, lobby, office, further prep area. Self-contained entrance to apartments.

First Floor

Both apartments are set out similar with open lounge/kitchens and a bedroom.

Second Floor

Both apartments are set out with a bedroom and bathroom.

Outside

Gated pathway to side of property. Double gates providing off road parking to the rear. NB. There is evidence of Japanese Knotweed.

Tenancies

We understand that the current tenant holds both of the AST’s for each flat at a rent of £250 p/c/m, producing a combined monthly rent payable of £500 p/c/m. However, the residential element could offer scope for betterment by increasing the current rent to a potential market rent of £375 p/c/m for each unit along with leasing out of the A3 unit below. Therefore the current annual income is £6000 per annum with scope for betterment as mentioned above.

Viewing Schedule

Wednesday 9th October 15.00 - 15.30 Wednesday 16th October 15.00 - 15.30 Friday 18th October 16.00 - 16.30

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Rhondda Cynon Taff County Borough Council

Solicitors

Peter Lynn and Partners Swansea, St Thomas, Swansea, SA1 8QY, Ref: FAO Chris Tymanowski, Tel: 01792450010

Additional Fees

Buyer's Premium - £600 inc VAT 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.