Lot 92 - 12 Commercial Street, Tredegar, NP22 3DH

  • Unconditional Online Auction Sale
  • Guide Price* : £36,000+
  • Bedrooms: 0

Lot 92 - Commercial Premises for Occupation/Investment

Description

ONLINE AUCTION from 1st OCTOBER-3rd OCTOBER

A two storey building with a ground floor retail unit, and office space on the first floor. 

The ground floor has most recently been occupied by a retail unit, where as the first floor was previously a dentist office. 

The property is secure with electric roller shutters to the front and an enclosed garden to the rear. 

Subject to the relevant consents this property may lend itself to further development. 

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.

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

VAT
We have been advised that no VAT is due on the sale of this property. 

Accommodation

Ground Floor: Unable to access as shutter was not working at time
First Floor: 4 offices, bathroom

Tenancies

To be sold with vacant possession

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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