* Freehold
* Being sold by goto online auction
* Buy - it - now option available
* Buyer’s fees apply
* Potential yield of 12%
* Mixed use space
* Prime location
* Fantastic Investment Opportunity, potential of 12% yield *
This freehold ground floor commercial space provides an ideal investment
opportunity that includes a first floor two bedroom flat above.
**Location**
Maesteg is a town in Bridgend County Borough, Wales. Maesteg lies at the
northernmost end of the Llynfi Valley, close to the border with Neath Port
Talbot. Conveniently located and close to all local amenities, the property
here has good public transport routes nearby, with the train station within a
reasonable distance and bus routes towards Port Talbot. And Caerau Primary
School. Bus routes towards Maesteg and Port Talbot. A commuters dream as very
easy access to the M4 corridor. The town of Maesteg benefits from a superb
range of amenities and shopping facilities including two supermarkets.
Historically a part of Glamorgan, the growth of the town started with the
opening of ironworks in the 1820's and 1830's. Once a coal mining area, the
last pit closed in 1985.
**Property Description**
Being Sold by goto Online Auction
Starting Bids from £82, 000
Buy it now option available
Please call or visit Purplebricks Online Auctions for more information.
This property is for sale by Online Auction. The Online Modern Method of
Auction is a flexible buyer friendly method of purchase. The purchaser will
have 56 working days to exchange and complete once the draft contract has been
issued by the vendors solicitor. Allowing the additional time to exchange and
complete on the property means interested parties can proceed with traditional
residential finance. Upon close of a successful auction or if the vendor
accepts an offer during the auction, the buyer with be required to put down a
non - refundable reservation fee. The fee will be a fixed fee including the Vat,
this secures the transaction and takes the property off the market. The buyer
will be required to agree to our terms and conditions prior to solicitors
being instructed. Copies of the Reservation form and all terms and conditions
can be found on the online Auction website or requested from our Auction
Department.
Please note this property is subject to an undisclosed Reserve Price which is
typically no more than 10% in excess of the Starting Bid. Both the Starting
Bid and Reserve Price can be subject to change. Our primary duty of care is to
the vendor. Terms and conditions apply to the Modern Method of Auction, which
is operated by goto Auctions.
To book a viewing visit Purplebricks
**General Information**
Auctioneer's Comments
This property is for sale by Online Auction which is a flexible and buyer
friendly method of purchase. The purchaser will not be exchanging contracts on
the fall of the virtual hammer but will be given 56 working days in which to
complete the transaction, from the date the Draft Contract is issued by the
seller’s solicitor. By giving a buyer time to exchange contracts on the
property, means normal residential finance can be sort.
The Buyer’s Premium secures the transaction and takes the property off the
market. Fees paid to the Auctioneer may be considered as part of the
chargeable consideration for the property and be included in the calculation
for stamp duty liability. Further clarification on this must be sought from
your legal representative. The buyer will be required to sign a Reservation
form to confirm acceptance of terms prior to solicitors being instructed.
Copies of the Reservation form and all terms and conditions can be found in
the Info Pack which can be downloaded for free from our website or requested
from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during
the auction, the buyer will be required to make payment of a non - refundable
Buyers Premium of £6, 600 including VAT plus an administration charge of £354
including VAT, a total of £6, 954. This secures the transaction and takes the
property off the market.
The Buyer’s Premium and administration charge are in addition to the final
negotiated selling price.
**Property Ownership Information**
**Tenure**
Freehold
**Council Tax Band**
B
**Disclaimer For Virtual Viewings**
Some or all information pertaining to this property may have been provided
solely by the vendor, and although we always make every effort to verify the
information provided to us, we strongly advise you to make further enquiries
before continuing.
If you book a viewing or make an offer on a property that has had its
valuation conducted virtually, you are doing so under the knowledge that this
information may have been provided solely by the vendor, and that we may not
have been able to access the premises to confirm the information or test any
equipment. We therefore strongly advise you to make further enquiries before
completing your purchase of the property to ensure you are happy with all the
information provided.

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