Lot 68 - 41 Commercial Street, Tredegar, NP22 3DJ

  • Unconditional Online Auction Sale
  • Guide Price* : £37,000+
  • Bedrooms: 1

Lot 68 - Commercial Unit and Flat for Owner Occupation/Investment

Description

ONLINE AUCTION from 27th AUGUST-29th AUGUST

A mixed used premises with a commercial unit on the ground floor and one bedroomed flat above. 

The flat is currently tenanted and is let at £300 per month. The ground floor premises is currently vacant.

The ground floor briefly comprises of:
The top floor is comprised of: one bedroom, kitchen, living room, toilet and shower room. We have been advised that a new boiler was installed approximately 3 years ago. 

Location
Situated on one of the main retail thoroughfares in Tredegar. There are a number of local and national retailers within close proximity, including: Home Bargains, Domino’s Pizza and Farmfoods. The property is located directly opposite Gwent Shopping centre and therefore gains plenty of footfall. There are is local car parks and bus stops within close proximity.

Accommodation

Flat: 1 bedroom, kitchen, living room, toilet and shower room

Council Tax Band

A

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Flat Statutory periodic TBC TBC £300 pcm
Retail Unit vacant vacant vacant vacant

Tenancies

Flat is tenanted at £300pcm on a rolling contract

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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