20 Bessemer Road, Cardiff, CF11 8BA

ONLINE AUCTION from 11th NOVEMBER-13th NOVEMBER The property comprises a detached warehouse building situated to the south west of Cardiff city centre close to Ninian Park and Cardiff City Stadium. Located opposite the junction with Faber Way, there are a number of trade counter outlets nearby and both Sloper Road a few hundred meters to the north and Hadfield Road to the south feature a large number of car main dealerships. Access to the M4 is easily achieved via the A4232. Accommodation Floor Area Sq Ft Area Sq M Ground Floor 7,609 706.88 Mezzanine 921 85.54 Total Gross Floor Arear 8,530 792.42 Tenancies We are informed that the property is occupied on a 25 year lease in favour of Universal foods Ltd at a rent of £45,000 pa although we have had no sight of the lease and no rent is being paid. 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.