Lot 82 - 44 Commercial Street, Tredegar, Gwent, NP22 3DJ

  • Unconditional Online Auction Sale
  • Guide Price* : £63,000+
  • Bedrooms: 2
  • Bathrooms: 1

Lot 82 - Commercial investment

Description

ONLINE AUCTION from 4th - 6th FEBRUARY

An opportunity to acquire an A3 commercial investment opportunity. The property is trading as a Fish & Chip/Kebab shop let on a 15 year lease.

The property is situated in the main shopping street in the town of Tredegar which has a number of independent traders, including: Estate Agents’, Cafes, National Traders Boots &Greggs.

The Tenant has indicated that trade is good and they have a long-term plan to remain in situ.

Accommodation

Ground Floor Fish and chip shop with sales area, rear storeroom and chipping room
First Floor Rooms 1 & 2, Shower Room / WC
Outside Rear yard / garden area

Tenancies

Let at £700.00pcm £8,400 p/a on a 15 year lease – see legal pack

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.

A problem with your internet connection has been detected.
We'll reconnect you as soon as we can.

Viewing Information

Booking is required.
In the event of cancellation or amendment, we may contact you with updates. If you do not register but you travel to a viewing, you do so at your own risk.

Viewing

Paul Fosh Auctions, 01633 254 044

Office Contact

Sean Roper

Documents

Related 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.

Follow