For Sale By Auction | 12:00, 30 March 2022 | Lot 3

61/62 Cardiff Street, Aberdare, Rhondda Cynon Taff CF44 7DG

Sold £260,000

  • Retail Property (high street)
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 30/03/2022

Auction Time

12:00

Auction Venue

Livestream

Substantial Former Department Store

A large vacant retail unit which we are informed measures just under 9,900 sqft/ 919 sqm located within the heart of Aberdare town centre. Located alongside a number of National and Local retailers and close to commuter links to Pontypridd and Cardiff. The building has ground and first floor retail areas along with ancillary storage, changing rooms, staff areas and W/C’s. In our opinion, the building offers a good investment opportunity and a possible residential redevelopment potential to the rear on Bute Street subject to obtaining the relevant planning consents with the local authority.

Tenure

See Legal Pack

Ground Floor (approximately 5,075 sqft/471 sqm)

Substantial retail area, store room, fitting rooms, staff room/kitchenette

First Floor (approximately 4,810 sqft/446 sqm)

Of which 3173 Sqft/294 sqm is a continuation of the retail zone with the remainder set out as ancillary storage, further staff break out area and W/C’s.

Viewings

Auction House South Wales 02920 475184

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Rhondda Cynon Taff County Borough Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 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.