Auction Property Commercial 

High Street, Bargoed

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Features

  • Auction date: 20th & 21st November 2019
  • Good condition
  • Freehold
  • To be sold with vacant possession
  • Two storey and basement commercial retail unit
  • Excellent transport links
  • Prominent high street location
  • Ground floor retail area 95.7 Sq m (1,030 Sq ft)
  • Potential for residential conversion (subject to planning)
  • First floor ancillary/offices approximately 57.7 Sq m (621 Sq ft)

Address

17-17A High StreetBargoedCaerphillyCF81 8RA
Details
Map
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Property Details

•For Sale By Online Auction – 20th & 21st November 2019
•Guide Price: £45,000+
•High Street Commercial/Development Opportunity
•Potential for Residential Conversion (Subject to Planning)
•Freehold

A freehold two storey and basement building occupying a prominent retail high street position, comprising a large ground floor retail area and storage/offices at first floor. The ground floor benefits from suspended ceilings, recessed lighting, plastered and painted walls and tiled floor. The first floor is arranged with a number of separate rooms including storage rooms and benefits from UPVC double glazing, plastered and painted walls and ceilings, wc facilities and kitchen.

The property is accessed directly off High Street, which benefits from electric security roller shutter doors. The first floor has a separate access off High Street and offers potential for conversion to residential (subject to the necessary planning consents).

Accommodation

Ground floor retail: 95.7 Sq m (1,030 Sq ft)
First floor ancillary: 57.7 Sq m (621 Sq ft)
Basement: 7.8 Sq m (84 Sq ft)

Total: 161.2 Sq m (1,735 Sq ft)

Services

We understand the property to have mains electricity, water and drainage.

Tenure

Freehold

Investment Analysis

The property provides potential for residential redevelopment over the first floor (subject to the necessary planning consents).

Business Rates

The property has a ratable value of £9,700 per annum. Rates payable (2019/20) is approximately £5,102.20.

Guide Price

£45,000

VAT

VAT if applicable will be charged at the standard rate.

Buyer's Premium

2% (min. £3,600) inc. VAT

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If you are thinking of selling your property, contact us now for a free appraisal and benefit from:

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