* Freehold
* Mixed commercial & residential
* Refurbishment project
* Outline planning submitted
* 15 minutes junction 36 M4
* No chain
* 2 bedroom flat on 1st floor
*for sale via traditional auction * guide price £62, 000 * bidding closing 28 November 3. 30PM * for bidding and legal information please visit * fees apply *
Hunters are pleased to present to the market this investment opportunity to
purchase 2 properties 3 storey mixed commercial and residential, found on high
street, ogmore vale.
Briefly comprising:
Middle floor: With 2 shops currently connected with 5 seperate rooms
1st floor: Is A 2 bedroom flat with kitchen diner, lounge, bathroom, which was
renovated in the earlt 90's along with a new roof at the time.
Basements: Two separate basements with access to rear and from middle floor
Property has had planning submitted for conversion to 6 flats and has gone
through the initial consultation but does not yet have full planning. This is
a large project requiring full refurbishment.
Note for buyers:
Traditional Online Auction Information:
Please note: This property is for sale by Traditional Online Auction. This
means that exchange will occur when the online timer reaches zero (provided
the seller's reserve price has been met or exceeded). The winning buyer will
be legally obliged to purchase the property at their highest bid price.
Fees:
On Exchange of contracts, the buyer must pay 10% towards the purchase price of
property. £2, 600 of this 10% is charged immediately online, with the remainder
payable by 12pm the next business day.
There is an additional buyer premium of £2, 400 (incl. VAT) which will be
charged immediately online.
Pricing Information:
The Guide Price amount specified is an indication of each seller's minimum
expectation. It is not necessarily the amount at which the property will sell.
Each property will be offered subject to a Reserve (a figure below which the
property will not be sold) which we expect will be set no more than 10% above
the Guide Price amount.
Hunters and Bamboo Auctions shall not be liable for any inaccuracies in the
fees stated on this description page, in the bidding confirmation pop up or in
the particulars. Buyers should check the contents of the legal pack and
special conditions for accurate information on fees. Where there is a conflict
between the fees stated in the particulars, the bid information box or the
bidding confirmation pop up and the contents of the legal pack, the contents
of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings
Transaction Tax may also apply in some circumstances.

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