Lot 48 - 7 Priory Street, Monmouth, Monmouthshire, NP25 3BR
- Unconditional Online Auction Sale
- Guide Price* : £200,000+
- Bedrooms: 2
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Lot 48 - Commercial Unit with Two bedroom Maisonette
Description
ONLINE AUCTION from 11th MARCH-13th MARCH
A ground and lower ground commercial unit previously occupied by a tattooist. The commercial unit was previously generating a rental income of £595 per month.
The upper floors are comprised of a two bedroom maisonette with two bedrooms on the top floor and a kitchen, living room and bathroom to the first floor. The property is well decorated although may require some modernisation. We have been advised that the maisonette was generating an income of £850 per month.
Subject to relevant consents the property may be suitable for further developments.
Location
Situated in the town of Monmouth, this property is ideally located on the main thoroughfare leading through the town centre.
The property is surrounded by mixed use developments and a number of fully residential units.
The property's central location offers convenient access to Monmouth's amenities, including shops, restaurants, and cultural sites, making it a notable spot within the town's vibrant community.
VIRTUAL TOUR
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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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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