Industrial for sale in 9 Caroline Street, Bridgend, Mid Glamorgan CF31

For sale by online auction on Tuesday, 14 Nov 2023 ending at 13:47

Bidding opens Monday 13th November 2023 at 13:00 and closes Tuesday 14th November 2023 at 13:00.

Bidding opens Monday 13th November 2023 at 13:00 and closes Tuesday 14th November 2023 at 13:00.Commercial InvestmentA mid terraced brick built two storey retail premises measuring approximately 661.28sqm/7118sqft currently leased at £25,943 per annum positioned in the heart of Bridgend Town Centre. Nearby national occupiers include Boots, Barclays, Costa Coffee and The Principality.

Bridgend is a county town ideally positioned for access to the M4 and has a good range of shopping facilities.

Long leasehold, please refer to legal pack.Ground Floor Retail area measuring approximately 306.02sqm/3,294 sqftFirst Floor Ancillary area measuring 355.26sqm/3,824sqftTenancies We are advised that the property is currently leased to The Sue Ryder charity at £25,943 per annum on a 10 year term from 10th July 2019. Please refer to the legal pack for confirmation.

Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.