Lot 7 - 61 Windsor Road, Pontypool, NP4 5HY

  • Unconditional Online Auction Sale
  • Guide Price* : £42,000+
  • Bedrooms: 0

Lot 7 - Commercial Property for Investment

Description

ONLINE AUCTION from 29th AUGUST-31st AUGUST

The property consists of open plan beauty salon with separate treatment room, kitchen and WC. It is decorated to a high standard with laminate floors and spot lighting.

There is on street parking and a public free car park nearby.

Location
The property is located on the corner of Windsor Road in Griffithstown. The area is mainly residential, however Windsor Road is a popular retail location, with nearby occupiers including cafes, the Co-op and pharmacy.

Pontypool is a town located in the borough of Torfaen. It is approximately 10 miles North of Newport.

Services
The property benefits from electric and water (not tested).

VAT
We have been advised that there is no VAT due on the sale of this property ((to be confirmed by a solicitor).

Accommodation

Floor Area Sq Ft Area Sq M
Ground Floor 216 20.07

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
The Face Boss Studio FRI TBC 3 years £6,600 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 1.2% of the purchase price (subject to a minimum of £1,200) 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.

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