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COMMERCIAL

Unit 9, Highfield Industrial Estate, Ferndale CF43 4SX

Guide Price
£79,000
Auction House Wales, Wales
PROPERTY TYPE

Industrial Park

SIZE

Ask agent

Key features

  • GUIDE PRICE £79,000 +

Description

Bidding opens Monday 19th May 2025 at Midday and closes Wednesday 21st May 2025 at Midday.

Commercial Investment

An opportunity to acquire a mid-link industrial unit which we are advised is let on a 10 year term from 15/07/2022 on full tenant repairing terms, at a rent of £9,762 per annum. The lease is subject to review in each 3rd year of the term to the greater of market rent or RPI. The lease is subject to a tenant only break clause at the fifth year of the term subject to
12 months prior written notice. Please refer to the legal pack for confirmation.

We understand that Unit 9 provides approximately 1,142 sq ft (106 sqm) of industrial accommodation with access roller shutter doors and a separate pedestrian entrance. The unit has not been inspected by us, but we believe that the accommodation comprises of office, workshop and toilet facilities. The Units are constructed from steel portal frame construction with brick and profiled metal cladding elevations and concrete roof panels. Each terrace has secured gated access to a large hardstanding area providing car parking and loading to the front of the units.

NB VAT is payable in addition to the purchase price.

Viewing Through Auction House Wales on , further information can also be obtained from Harris & Birt acting as joint auctioneers on

Tenure: See Legal Pack

Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Unit 9, Highfield Industrial Estate, Ferndale CF43 4SX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ystrad Rhondda Station1.6 miles
  • Ton Pentre Station1.7 miles
  • Treorchy Station2.0 miles

About Auction House Wales, Wales

Gold Tops House, 8A Pentonville, Newport, NP20 5HB

With offices in Cardiff and Wrexham, Auction House Wales is experienced in selling property at auction across the Wales region. Unlike many other Auctioneers, we are a national brand with a local presence. Our team on the ground know the local area and understand the unique needs of our customers. If you're looking for your next property or land purchase, register today to start receiving property alerts to help with your search. If you have property to sell, get in touch with our local property experts to learn more about how Auction House can provide you with an easier way to sell your property in Wales.

Notes

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Disclaimer - Property reference 202504251542sq_ytdi. 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 Auction House Wales, Wales. 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 Auction House Wales, Wales on 01633 603922.

*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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