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Guide price
£137,000

Property for sale

Thompson Street, Barry CF63
Auction
Property
2 beds
Added > 14 days

Features and description

  • Tenure: Freehold
Guide Price £137,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction, registration is now open. 28/11/2024 10:00 28/11/2024 12:10


Situated in the heart of Barry, we are please to introduce an opportunity to own a leasehold commercial ground floor premises and a two bedroom first floor flat in Barry, and an equal shared ownership of the freehold with the current owner

Current permission granted for the commercial ground floor is for a restaurant - see legal pack

Current rateable value (1 April 2023 to present)
£8,600
Business Relief - Most occupied Business premises with a rateable value up to £6,000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre-Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

About this agent

Town & Country Property Auctions - South Wales
Town & Country Property Auctions - South Wales
2 High St, Clydach Swansea SA6 5LE
01792 925258
Full profileProperty listings
The company was established in 2010 and expanded into the UK, Ireland, and overseas in 2018. Town and Country Property Auction south Wales have local agents and offer the benefit of a nationwide network. Our goal is to provide an easy-to-use, transparent platform for auction buyers and sellers alike.
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