House For Sale £150,000
Thompson Street, Barry CF63

FOR SALE BY PUBLIC AUCTION: The auction will take place online on 14th May 2024 at 04:15 PM with registration through our website.

Three storey large multi use corner property comprising ground floor commercial unit with two bedroom first floor flat. Sold with vacant accommodation. Great investment opportunity.

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. 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 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.

Great investment opportunity

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)

Informed Freehold please refer to legal pack for verification of tenureTenancies
Please refer to the legal pack for verification of any tenancies.

Additional Fees
Buyer's Premium 1.2% with a minimum of £1,200 (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[use Contact Agent Button]

Viewing
Viewing by appointment with Seel and Co[use Contact Agent Button]