Servini's Restaurant, Cardiff Street, Aberdare, Rhondda Cynon Taf, CF44 7DP

Guide Price 135,000 * Plus 5% Buyers Premium + VAT

For sale by unconditional online auction on the 29th of August 2024.

Registration is now open, bidding opens on 29th of August at 10:00 and ends on 29th of August at 12:25.

A great opportunity to own a 3 storey property currently utilised as a fully fitted family restaurant in the heart of Aberdare high street with the potential of changing the upstairs into alternate use, subject to planning. Currently there is one communal two roomed area at the rear, and 1 flat

Guide price - £135,000
Auction- 29.8.24. Unless sold prior.
Viewing - 30.07.24 - Please contact us for your slot

Description
A great opportunity to own a 3 storey property currently utilised as a fully fitted family restaurant, with 1 flat and one communal 2 roomed area at the rear, in the heart of Aberdare high street with the potential of changing the upstairs into alternate use subject to planning

Guide price - £135,000
Auction- 29.8.24. Unless sold prior.
Viewing - 30.07.24 - Please contact us for your slot

For sale at auction large 3 storey freehold property on a busy high street in Aberdare town centre, with 1 flat upstairs and one 2 roomed communal area, with room for more, subject to planning

The premises consist of a large basement currently used for storage, 60 plus seating area and a fully fitted commercial kitchen including equipment. It has two stories above with a large empty room, plus a flat athe back and a flat above consisiting of another large room

The current owner is looking to sell this family run business duetoretirement.

Rateable value £14,250
Current relief - 40% Retail relief discount
Area - 402 sqm


Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.