Lot 61 - Former Vape Shop, 165 High Street, Blackwood, NP12 1AA

  • Unconditional Online Auction Sale
  • Guide Price* : £22,000+
  • Bedrooms: 0

Addendum

The guide and reserve price have been reduced.

Lot 61 - Commercial Investment

Description

ONLINE AUCTION from 5th NOVEMBER-7th NOVEMBER

This former vape shop measures approximately 11.5 sq m/123.7 sq ft. Due to its low rateable value this property is exempt from business rates. The property was previously let at £3,650pa.

The property has recently been renovated and has had a new fuse board and a saniflo type system.

Ideally located on the thriving High Street of Blackwood, this property benefits from plenty of footfall. Previous uses include a sandwich shop and sweet shop, however, the property would suit a multitude of uses including mobile phone repair shop or small boutique.

There are a number of independent and national traders on the High Street, including Specsavers and ShoeZone, which are located either side of the property. The property also benefits from a kitchenette to the rear.

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 1.5% of the purchase price (subject to a minimum of £1,500) 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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Bidding History 4 Bids
User Amount Date
Bidder 2 £23,500 07/11/24 10:18:50
Bidder 3 £23,000 07/11/24 10:17:35
Bidder 2 £22,500 06/11/24 18:58:29
Bidder 1 £22,000 05/11/24 20:44:12

Viewing Information

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Viewing

Paul Fosh Auctions
01633 254044

Office Contact

Debra Bisley

Documents

Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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