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Lot 24 Sold: £101,000

Unit 6, Cardigan Close, Tonteg, Pontypridd, South Wales CF38 1LD

  • Photo1
  • Photo2

Lot 24   Click here for addendum

6 Week completion
in same ownership for over 25 years

SITUATION

Located in this established neighbourhood shopping precinct anchored by a Premier Convenience Store with shared car parking at the front, close to the local Primary School and serving the surrounding residential area.
Tonteg is located 4 miles east of Caerphilly and approx. 9 miles north-west of Cardiff, benefitting from good road links via the M4 (Junction 32) just 4 miles distant.

PROPERTY

A mid terrace building comprising a Ground Floor Lock-up Shop.

ACCOMMODATION

Ground Floor Shop
Gross Frontage 17'2"
Internal Width 15'10"
Shop Depth 44'6"
Built Depth 50'11"
WC

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY

The entire property is let on a full repairing and insuring lease to Caerphilly Funeral Services Ltd as a Funeral Parlour (having 2 branches) for a term of 5 years from 1st March 2016 at a current rent of £8,000 per annum exclusive.

Enquire about this lot:

Photo of JONATHAN ROSS

Jonathan Ross
020 8492 9449
jross@barnettross.co.uk

Photo of STEVEN GROSSMAN

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

*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.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.