Glebe Street, Penarth

SUMMARY
An ideal investment to acquire this shop with a flat above in the busy town centre of Penarth. The shop is currently let on lease to hairdresser and the flat is on an assured shorthold tenancy. Viewings of this property are by appointment only.


DESCRIPTION
Currently let to hairdresser on a lease and the flat on an assured shorthold tenancy. There is garage to rear, let for storage purposes. The salon is well presented with a tiled floor salon area also offering a kitchen area and cloakroom. The flat is two bedrooms, with a living room, kitchen, a separate cloakroom and bathroom. An Investment opportunity to purchase this shop with a flat above in the busy centre of Penarth Town

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Salon Area 37' 3" x 15' 5" ( 11.35m x 4.70m )
Enter into main salon with full length shop window .Tiled floor .Door into lobby with cloakroom off. Open plan into rear salon area.

Rear Salon 12' 7" x 9' 7" ( 3.84m x 2.92m )
Partitioned rear salon with tiled floor. Doorway to storage area. Door to kitchen.

Kitchen 9' 11" ` x 5' 5" ( 3.02m ` x 1.65m )
Kitchen area with stainless steel sink unit. Wall mounted gas combination boiler. Tiled floor. Window to rear. Door to rear garden.

Outside 
Enclosed concrete yard. Door to rear lane.

First Floor Flat  
Access via gate in rear lane. Steel staircase to flat. Outside storage area. Garage only used for storage let at £40 pcm.

Hallway 
Enter into hallway open plan into living room, laminate flooring.

Lounge 15' 3" x 9' 10" ( 4.65m x 3.00m )
Two windows to rear .Laminate flooring. TV aerial point. Spotlights to ceiling. Radiator. Doorway to rear hallway. Doors to cloakroom, kitchen, bedrooms and bathroom. Access to loft space.

Cloakroom 
Separate low level wc.

Kitchen 9' 1" x 6' 8" ( 2.77m x 2.03m )
Fitted kitchen with range of units, stainless steel sink unit. Window to rear. Wall mounted combination gas boiler. Radiator.

Bedroom 1 16' 10" max x 10' 5" ( 5.13m max x 3.17m )
Large double bedroom with two upvc windows to front. Textured ceiling. Laminate flooring. Radiator.

Bathroom 
Three piece suite comprising of a low level Wc, wash hand basin and panelled bath


DIRECTIONS
The property is located in the heart of Penarth's town centre.


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.