25 Thompson Street, Barry, Vale of Glamorgan, CF63 4JL

- PROPERTY TYPE
End of Terrace
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Description
With an informed 50% share of the freehold is this large multi use corner property comprising ground floor commercial unit with two bedroom first floor flat. Sold with vacant accommodation.
Description
Three storey large multi use corner property comprising ground floor commercial unit with two bedroom first floor flat. Please note that the third floor is not included in the sale and is occupied by the current owner who we are informed will share a 50% split of the freehold. The property is conveniently located on Thompson Street leading to the busy Holton Road shopping thoroughfare.
Appears to be brick and painted render construction under pitched tiled roof and in good condition throughout. Within close proximity to local shops, schools, cafs, pharmacy, leisure facilities provides great footfall and public transport providing links to Cardiff, Bridgend and Newport. Double glazed windows and doors ok. Spacious commercial unit and first floor flat. Gas central heating with combination boiler.
We are informed that there will also be a 50% share of the freehold upon completion. Please refer to the legal pack for further clarification.
Accommodation
GF - Large commercial unit with separate office space, kitchen, store rooms, toilet facilities.
FF - Communal entrance Hallway, access to spacious two bedroom apartment (2 bedrooms, kitchen, reception room and bathroom)
Please refer to legal pack for verification of tenure
Tenancies
Please refer to the legal pack for verification of any tenancies.
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (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.
PLEASE NOTE
Previous Financials -
2020-21 - £12,600 PA
7.5% Net Yield (Potential to achieve higher 2024)
Further Information
Auctioneers Office, Seel and Co
Viewing
Viewing by appointment with Seel and Co
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
25 Thompson Street, Barry, Vale of Glamorgan, CF63 4JL
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Visit our security centre to find out moreDisclaimer - Property reference 288310. 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 Seel & Co Ltd, Cardiff - Auctions. 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.
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 Seel & Co Ltd, Cardiff - Auctions on 029 2271 6399.
*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.
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