Withdrawn | Lot 31

36 - 37 Commercial Street, Blaenllechau, Ferndale, Rhondda Cynon Taff, CF43 4NN

Withdrawn

  • Mixed Use
  • 2 Bedrooms
  • 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

Commercial / Residential Investment

A substantial three storey end of terrace building having pointed stone and cement rendered elevations beneath a pitched tiled roof. The property comprises of a general store occupying the whole ground floor, a two bedroom self contained flat to the first floor and two self contained studio flats to the lower ground floor. The property requires refurbishment throughout. The property is located within the village of Blaenllechau on the outskirts of the town of Ferndale which benefits from shops, school and other local amenities.

Tenure

See Legal Pack

Ground Floor

Double fronted width convenience store with retail area, kitchen and wc.

First Floor

Two bedroom flat with lounge, kitchen and bathroom.

Lower Ground Floor

Flat 1. Studio flat with open living room / bedroom, kitchen and bathroom. Flat 2. Studio flat - not inspected

Outside

Good sized gardens to the rear with steps to the side providing access to the lower ground floor flats.

Tenancies

We have been verbally advised of the following rental income however no tenancy agreements have been located and will not be available: Brian's General Store: currently let at £200 pcm Two bedroom first floor flat: currently let at £55 per week Flat 1 Studio: vacant and in need of completion Flat 2 Studio (not inspected): currently let at £45 per week Therefore the property currently provides a total annual income of £7,600 per annum with scope for betterment by upgrading and letting the accommodation offered.

Viewing Schedule

External Viewings Only.

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Rhondda Cynon Taff County Borough Council

Solicitors

West Coast Conveyancing, 9 Kings Road, Cardiff, CF11 9BZ, Ref: Susan Pearson, Tel: 01291 023275

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.