43 Bute Street Treorchy CF42 6BD

  • 43 Bute Street<br>Treorchy<br>CF42 6BD

43 Bute Street
Treorchy
CF42 6BD

Freehold Retail Investment

  • Located on high street in popular shopping town of Treorchy
  • Large return frontage on High Street
  • VAT free investment
  • Lot
    42
  • Auction
    21st July 2021
  • Rent
    £5,040 per Annum Exclusive
  • Status
    Sold
  • Price
    £56,000
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment

  • Located on high street in popular shopping town of Treorchy
  • Large return frontage on High Street
  • VAT free investment
  • Lot 42
  • Auction 21st July 2021
  • Rent £5,040 per Annum Exclusive
  • Status Sold
  • Price £56,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
18 miles north west of Cardiff
Roads
A4061, A4107
Rail
Treorchy Train Station
Air
Cardiff Airport
Situation

The property is located in the popular shopping town of Treorchy, named the 2019 Great British High Street of the Year with a number of independent shops and cafes. The property is situated on the High Street with return frontage onto Cemetery Road. Other occupiers on this street include Spar convenience store, Premier convenience store and Subway

Tenure

Freehold.

Location
Miles
18 miles north west of Cardiff
Roads
A4061, A4107
Rail
Treorchy Train Station
Air
Cardiff Airport
Situation

The property is located in the popular shopping town of Treorchy, named the 2019 Great British High Street of the Year with a number of independent shops and cafes. The property is situated on the High Street with return frontage onto Cemetery Road. Other occupiers on this street include Spar convenience store, Premier convenience store and Subway

Tenure

Freehold.

Description

The property is t/a The Window Shop and comprises ground floor retail and ancillary accommodation with further ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

Viewings

There will be no internal viewings of the property due to Covid-19 restrictions

Completion Period

Six week completion

EPC

See legal pack

Description

The property is t/a The Window Shop and comprises ground floor retail and ancillary accommodation with further ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

Viewings

There will be no internal viewings of the property due to Covid-19 restrictions

Completion Period

Six week completion

EPC

See legal pack

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x
Ground
First
Retail/Ancillary
Ancillary
81.77 sq m
60.54 sq m
(880 sq ft)
(652 sq ft)
TWS Ltd t/a The
Window Shop
5 years from
01/05/2018
£5,040
Total
142.31 sq m
(1,532 sq ft)(2)
    £5,040

(1) There is a mutual option to determine the lease on the second anniversary of the term and every subsequent anniversary thereafter upon giving six months' written notice.
(2) The above floor areas have been published by the Valuation Office Agency at www.voa.gov.uk and the description of the property has been provided by the seller.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Associate AuctioneersMartin Carey 02072558085martin.carey@rapleys.com
Seller's Solicitors
Hugh James Solicitors Two Central Square
Cardiff
CF10 1FS
John Hussey 020 7936 3453john.hussey@hughjames.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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