Lot 12 Auction

LOT 12 - 5 Clifton Street, Cardiff, CF24 1PW View map

Guide Price £90,000 +

Snapshot

FOR SALE BY PUBLIC AUCTION - Investment property on busy Cardiff shopping street in Roath area of Cardiff

    • Auction date : Auction will now be held online on Wednesday, 8th July 2020 at 5:00 pm via the Seel and Co website
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    Description

      Retail investment property on the busy shopping street of Clifton Street located approximately 1 mile east of Cardiff city centre. The property itself is a mid-terrace two storey property of brick/stone construction under a pitched slate roof with a large single storey rear annex used for preparation and storage. 5 Clifton street is let on to a local butchery business on a full repairing lease for £100 per week (circa £5,200 per annum).

      N.B. Full internal inspection has not been possible prior to the catalogue going to print.

    Accommodation

      GF: Shop area, rear storage preparation and refrigeration areas. WC

      FF: Storage

    Tenure

      Presumed Freehold – please refer to legal pack for verification of tenure

    Viewing

      Auctioneers Office, Seel and Co Ltd (029) 2037 0117

    Additional Fees

      Buyers Premium – 1% with a minimum of £1000 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable 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 refer to legal pack and auction catalogue prior to bidding.

    Auction Details

      FOR SALE BY PUBLIC AUCTION on Wednesday, 8th July 2020 at 5:00 pm online via the Seel and Co website

    Need to know

    Please refer to legal pack and auction catalogue prior to bidding.

    Please be aware that you cannot bid without having a deposit.