Town centre location opposite Pencoed Train Station
Nearby occupiers include Co-op Food supermarket, the Post Office, Greggs and Tesco.
Lot 41
Auction 21st July 2021
Rent £9,780 per Annum Exclusive
Status Sold
Price £92,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
14 miles west of Cardiff
Roads
M4, A473, B4280
Rail
Pencoed Train Station
Air
Cardiff Airport
Situation
The Town of Pencoed lying immediately to the north of junction 35 of the M4, is home to Sony's UK Technology Centre and many supporting industries. The property is located on the main commercial street of Pencoed opposite Pencoed Train Station and the Co-op Food supermarket. Other nearby occupiers include the Post Office, Greggs and Tesco.
Tenure
Freehold.
Location
Miles
14 miles west of Cardiff
Roads
M4, A473, B4280
Rail
Pencoed Train Station
Air
Cardiff Airport
Situation
The Town of Pencoed lying immediately to the north of junction 35 of the M4, is home to Sony's UK Technology Centre and many supporting industries. The property is located on the main commercial street of Pencoed opposite Pencoed Train Station and the Co-op Food supermarket. Other nearby occupiers include the Post Office, Greggs and Tesco.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with a 1 bedroom flat on the first floor.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with a 1 bedroom flat on the first floor.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground
Retail/Ancillary
36.11 sq m
(388 sq ft)
Individual t/a Rolling Ink
2 years from 15/02/2015 (Holding Over)
£4,680
First
Residential
Flat
Individual
AST
£5,100
Total
36.11 sq m
(388 sq ft) One Flat
£9,780
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 Auctioneers
Rapleys LLP 33 Jermyn Street London London SW1Y 6DN