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No longer on the market

This property is no longer on the market

EPC
EPC

Property

Auction
Sold STC
Property
Added > 14 days

Features and description

  • Advised Freehold - to be verified by solicitor
  • To be sold with vacant possession. It is suggested that the property would rent for approximately £750 per month.
FOR SALE BY AUCTION - -Lot 14 - Commercial Investment
ONLINE AUCTION from 1st OCTOBER-3rd OCTOBER

A three storey ground floor retail premises with ancillary accommodation. The property has most recently been occupied by an estate agency and is now being sold with vacant possession.

Subject to the relevant consents there may be scope to convert the top two floors into residential accommodation.

Location
Located in a prominent high street position this property is ideally situated on the main shopping thoroughfare in the town of Porth. The street stretches approximately 400 metres with an eclectic mix of retailers, cafes, hair salons and banks. The street benefits from plenty of footfall as well as free 1 hour on street parking.

The town of Porth is situated approximately 15 miles north of Cardiff and the M4 motorway. The property is located within close proximity to local bus routes, and Porth train station is approximately a 10 minute walk. The area is currently undertaking a regeneration program which includes providing a transport hub for the town which aims to improve connectivity to the centre.

Services
The property benefits from water and electric (not tested).

Virtual Tour


Business Rates
The property is currently listed as shop and premises' with the current rateable value is £5,400.

VAT
We have been advised that there is no VAT due on the sale of this property.

AccommodationFloorDescriptionArea Sq FtArea Sq MGround FloorWCRetail Area474.4744.08Room 177.507.2Room 296.448.96First FloorRoom 1108.5010.08Room 2113.0210.5Room 3191.1617.76Second FloorRoom 1155.0014.4Room 296.448.96

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession. It is suggested that the property would rent for approximately £750 per month.
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About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
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