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Commercial Development for sale

The Star, Commercial Street, Maesteg, CF34 9DL

Guide Price* £75,000

Property Description

Key features

  • Town Centre Public House with Redevelopment Potential
  • Advised Freehold - to be verified by a solicitor
  • We are informed that the ground floor of the property has been let for three years at a rental of £10,000 per annum. Further details are available from the auctioneer's office.

Full description

FOR SALE BY AUCTION - Thursday 01 December 2016- THE PARK INN, LLANEDEYRN, CARDIFF

Town Centre Public House with Redevelopment Potential
The subject property is situated close to the junction of Commercial Street with Talbot Street and Neath Road in the retail centre of Maesteg including Peacocks, New Look and Savers. Maesteg is located approximately six miles north of Junction 36 of the M4 via the A4063. The town also benefits from its own train station providing services to Bridgend, Cardiff and Gloucester.

Accommodation
The auctioneers have not inspected the property prior to going to print but have been provided with the following approximate Floor Areas:-
FloorArea Sq FtArea Sq M
Ground Floor1,367127
First Floor1,490138
Second Floor1,220113
Basement43840
Total4,515418



Tenure:
Advised Freehold - to be verified by a solicitor

Tenancies:
We are informed that the ground floor of the property has been let for three years at a rental of £10,000 per annum. Further details are available from the auctioneer's office.

Map & Street View

Disclaimer - Property reference 54835. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions, Newport . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Auctions, Newport on 01633 254044.


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