For Sale By Auction | 17:00, 23 October 2019 | Lot 35

Unit 1, 34/35 High Street, Ogmore Vale, Bridgend, CF32 7AD

Sold £16,500

  • Commercial Property
  • 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 Investment-Ground Floor Retail Unit

A Ground floor Barber Shop trading as Patricks located on a through road in the village nestled between other local retailers. The building has a glass display frontage with a ground floor addition to the side. Ogmore Vale is a village which benefits from a local school, shops and other amenities. We understand that the tenant has occupied the shop for over 20 years.

Tenure

See Legal Pack

Accommodation

Accommodation (Not inspected but believe to comprise of the following) Barbershop cutting room, kitchen area, w/c, additional store room to first floor.

Tenancies

We understand that the property is currently leased at a monthly rent of £160 per month which has been increased from the original agreement of £130 per month. Therefore producing a combined annual income of £1920 per annum.

Viewing Schedule

External only as shop is trading.

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Bridgend County Borough Council

Solicitors

Veale Wasbrough Vizards LLP, Narrow Quay House, Narrow Quay, Bristol, BS1 4QA, Ref: Sally Rushton, Tel: 0117 3145329

Additional Fees

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.