Lot 17 - Graig View Hall, Tram Road, Upper Cwmbran, Cwmbran, NP44 5AD

  • Unconditional Online Auction Sale
  • Guide Price* : £73,000+
  • Bedrooms: 0

Lot 17 - Hall for Investment

Description

ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY

A single storey freehold property briefly comprising of a large hall, foyer, bathroom, kitchen and WC.

The property has formerly been used as a community hall, and in more recent years has been used as a workshop/storage space.

Subject to the relevant consents this property may be suitable for conversion/development.

There is outdoor space to the rear of the property and parking to the front.

Location
Located in a residential area of Upper Cwmbran, this property is situated approximately a 6 minute drive to the town centre, and an 8 minute drive to Cwmbran train station.

Ideal for commuters, this property is located a short distance from the M4, providing access to Newport, Cardiff, Bristol and London.

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

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

VIRTUAL TOUR

Commercial Premises with Potential

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Room 1 780.23 72.35
Foyer 41.3 3.76
Bathroom 30.09 3.11
Kitchen 123.0 11.42

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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