Freehold development land available in Treharris with planning permission for circa. 4,000sq. Ft ground floor commercial space with 6 residential flats to upper floors.

Guide Price* : £89,000+

Description

Merthyr Council Planning Reference P/23/0166

Opportunity to purchase freehold development land in Treharris with planning permission for approximately 4,000 sq. Ft (approx. 371m2) comprising of ground floor commercial space with 6 flats to the upper floors which includes 5 x 1 beds & 1 x 2 beds. Vendors have also received positive feedback from planners providing scope for an alternative scheme to be drawn up for for a 100% residential options for 13 flats (6 flats above and 7 flats on ground floor and lower ground/basement level minus the commercial element on existing plans) subject to planning.

what3words - ///thirsty.initiates.etchings (used as approximate identifying measures only)

The land is open for inspection. It is recommended that interested parties exercise caution if entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused.

Please refer to the legal pack for any further information on the above.

Tenure

Informed Freehold – please refer to legal pack for verification of tenure

Viewing

The land is open for inspection. It is recommended that interested parties exercise caution if entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused

Additional Fees

Buyer's Premium - 1.20% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Further Information

Auctioneers Office, Seel and Co (029) 2037 0117

Auction Details

FOR SALE BY PUBLIC AUCTION on Tuesday, 4 February 2025 online via the Seel and Co website. Bidding will commence from midday on Monday, 3 February and conclude in order from Lot 1 at 4:00 pm on Tuesday, 4 February 2025

Lot 32 Auction

Land to the North East Side of 8 Perrott Street, Treharris, Merthyr Tydfil CBC, CF46 5ET  View map

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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.