An opportunity to acquire this three storey building in Tonypandy which has under gone some improvements in recent times but still requiring renovation throughout. There is granted planning permission to extend the ground floor unit and internal remodeling above ground level to form three self contained apartments to the upper floors. The property is mostly of brick construction with pitched tiled roof over.
The building is Ideally located on the high street with high footfall and local amenities and transport links on the doorstep. The property is likely to appeal to mixed use investors and builders who are seeking a mixed use development project.
PLEASE NOTE - DUE TO ACCESS CONSTRAINTS NO INTERNAL VIEWINGS WILL BE AVAILABLE ON THIS PROEPRTY.
RCT Planning permission reference number -14/1360/FUL Please note planning was granted in 2014 but we are of the understanding that work had commenced by the current owners on the aforementioned planning.
For any further information or confirmation please refer to the legal pack.
Informed Freehold – please refer to legal pack for verification of tenure
PLEASE NOTE - NO INTERNAL VIEWINGS WILL BE AVAIALBLE ON THIS PROEPRTY.
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.
Auctioneers Office, Seel and Co (029) 2037 0117
FOR SALE BY PUBLIC AUCTION on Tuesday, 29 April 2025 online via the Seel and Co website. Bidding will commence from midday on Monday, 10 April and conclude in order from Lot 1 at 4:00 pm on Tuesday, 29 April 2025
We've partnered with Cornerstone Commercial Finance to offer a wide range of finance options from bridging loans to development finance.
Apply for Finance* 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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
