Flats, 384 & 386 Cowbridge Road East, Canton, Cardiff, Cardiff, CF5 1JJ

ONLINE AUCTION from 29th JULY-31st JULY A substantial freehold building comprising a ground floor retail unit and three flats. The property is situated on a main road position close to local amenities and shops and good road links to the city centre and M4 motorway. Accommodation Please note the property has not been inspected by auctioneers however we believe it comprises Ground: Retail area with tanning booths and rear kitchen/wc Ground: Flat 1 - Lounge, Kitchen, 2 bedrooms, bathroom First: Flat 2 - Lounge, kitchen, bedroom, bathroom Flat 3 - Lounge, kitchen, bedroom, bathroom Outside: Rear yard and lock up garage / store to rear Council Tax Band B Tenancies Shop is Let at £600 pcm (£7,200pa) One flat is Let but 2 are being sold vacant - Should offer scope to let in the future for £36,000 per annum Tenure Advised Freehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.