Auction House / South Wales

  • For Sale By Unconditional Online Auction
  • Guide Price* : £75,000
  • Bidding Opens 23/06/2025 12:00

72 Bridgend Road Aberkenfig, Bridgend, Bridgend, CF32 9AP

Bidding opens Monday 23rd June 2025 at Midday and closes Wednesday 25th June 2025 at Midday.

Description

Bidding opens Monday 23rd June 2025 at Midday and closes Wednesday 25th June 2025 at Midday.

Investment Opportunity- Upgraded End of Terrace Retail Premises with Recently Refurbished Flat

An end of terrace property comprising an occupied retail unit to the ground floor and a refurbished occupied one bedroom residential unit behind, which is accessed from side lane. The upper floor has been sold off on a long leasehold basis at a annual ground rent of £25.00 per annum and does offer a reversionary value. The building provides an ideal investment opportunity with both ground floor units let on the same agreement at £800 per month, therefore producing a combined annual income of £9,625 per annum.

The building is located on the main high street within the convenient location of Aberkenfig, close to other neighbouring local operators, good access is offered to the M4, which is approximately 1 mile away.

Retail Unit Main retail area, store/staff room, kitchenette, w/c
Rear Residential Unit Lounge, kitchen, bedroom, shower room, utility room
Tenure Freehold
Viewing Via Auction House on 01633 212555.
Council Tax Band (Residential Unit) A

Tenure: See Legal Pack

EPC Rating: C

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£600 inc VAT payable on exchange of contracts.

Administration Charge

1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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* Guide | £75,000
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 01633 212 555 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.