4 Bed Residential Development For Sale

FOR SALE BY ONLINE AUCTION - Lot 59 - Mixed Use Development with Lapsed Planning

ONLINE AUCTION from 16th DECEMBER-18th DECEMBER



A four storey end of terrace premises. The ground floor is let at £500 to a barber shop. There is a four bedroomed flat on the upper floors, which is currently vacant but could let at £650/700 per a month.



The basement is accessed externally at the rear of the property. Planning has been granted to convert the uppers into two self-contained two bedroom flats this planning is now lapsed but could be reinstated subject to the relevant consents.



To the rear of the property is a parcel of land.



Location:

Situated on the A4233, main thoroughfare through Tylorstown this property gains plenty of attention from passing traffic. Positioned in a mixed used development area this property is within close proximity to a number of independent traders such as Londis, takeaways and newsagents. The property is positioned on the main bus route through Tylorstown.



Planning Permission

Planning has been granted for the conversion of 4 bedroom flat into two self-contained two bedroom flats planning reference 15/1070/10. Please contact Rhondda Cynon Taf council for further information.



Services:

The property benefits from gas, water, electric (not tested).



VAT:

We have been advised that no VAT is due on the sale of this property.



We have been advised that the property was previously let at £1,100.





Tenure:

Advised Freehold - to be verified by solicitor



Tenancies:



The shop is let on a 5 year lease at £500 pcm £6000 p/a