Skip to Content

Lot 30
19 Commercial Street, Aberdare, Mid Glamorgan CF44 7RW

  • Photo1

Sold: £95,000

(Gross yield 15%)
6 Week completion

SITUATION

Located in the heart of this busy market town within this pedestrianised retail thoroughfare, opposite Holland & Barrett and amongst such multiples as Thomson, Boots, Shoe Zone, Iceland, B & M Bargains, The Co-Operative Bank, Barnardo's and Savers.
Aberdare is located on the A4059 approximately 20 miles north-west of Cardiff with easy access to the M4 (Junction 32).

PROPERTY

A mid terrace building comprising a Ground Floor Shop with internal access to Ancillary Accommodation on the first floor.

ACCOMMODATION

Ground Floor Shop
Gross Frontage 18'7"
Internal Width 15'8"
widening at rear to 16'11"
Shop & Built Depth 43'10"
First Floor Ancillary
1 Room Area Approx. 185 sq ft
2 WCs

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY

The entire property is let on a full repairing and insuring lease to Balloonery Limited (Cards / Balloons / Gifts) for a term of 3 years from 11th April 2014 at a current rent of £7,500 per annum exclusive.

*Please note:

RESERVE:The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE: Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.