Lot 57 - Tilers Arms, Abertillery Road, Blaina, Blaenau Gwent, NP13 3EB
- Unconditional Online Auction Sale
- Guide Price* : £168,000+
- Bedrooms: 1
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Lot 57 - Public House Conversion for Development/Investment
Description
ONLINE AUCTION from 11TH - 13TH MARCH
This former public house has been part developed into five apartments. The substantial property with accommodation over three floors/cellar will be sold as seen and requires finishing off though electrics, plumbing and plaster boarding are fitted.
There are four x 2 bedroom apartments - one via the courtyard, and one x 1-bedroom apartment flat all with spacious accommodation. Outside will be a communal garden area and layby parking outside the building.
Blaina is a small town, situated deep within the South Wales Valleys between Brynmawr and Abertillery in Blaenau Gwent. and and historic county of Monmouthshire. There is also good transport links via the A467.
Accommodation
Flats are situated over 3 floors via separate or communal entrances.
Apartment 1:
Open plan kitchen area/lounge, 2 bedrooms - 1 with en-suite area, shower room area, cupboard
Apartment 2:
Kitchen area, lounge, 2 bedrooms, shower room area, cupboard
Apartment 3
Lounge, kitchen area, 1 bedroom and en-suite area, Toilet area
Apartment 4
Open plan kitchen area /lounge, two bedrooms, Bathroom area, cupboard
Apartment 5 - via courtyard private entrance
Open plan kitchen area/lounge, two bedrooms, bathroom area, cupboard
Outside Communal courtyard/garden area and layby parking to front of property
Tenancies
To be sold with vacant possession, however, once refurbished we anticipate a rental for x 5 flats of approximately £3,150 pcm/ £37,800 per annum.
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.
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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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