COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 06 July 2022 | Lot 7

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

*Guide | £45,000 (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 02920 475 184 for more information

Auction Date

Wed 06/07/2022

Auction Time

12:00

Auction Venue

ONLINE

Mixed Use Part Let Investment- Shop & 3 flats.

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 building is located within the village of Blaenllechau on the outskirts of the town of Ferndale which benefits from shops, school and other local amenities. Brian's General Store: currently let at £60 per week Two bedroom first floor flat: currently let at £55 per week Flat 1 Studio vacant Flat 2 Studio (not inspected): currently let at £45 per week Therefore the property currently provides a total gross annual income of £8,320 per annum. Please note that there is no record of a rent book to review up to date rents or accounts etc. No questions will be raised with regards to this and the property is being sold with the AST's within the legal pack which have now rolled on to a periodic basis.

Tenure

Freehold

Council Tax Band

A

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 ripped out and ready for fit out.

Energy Efficiency Rating (EPC)

Current Rating N/A

Local Authority

Rhondda Cynon Taff County Borough Council

Solicitors

Lyons Bowe, 319 Wells Road, Ref: Lyons Bowe, Tel: 0117 972 1261

Additional Fees

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.