Waiting for video...
Please note - there are 5 flats in the building
29.07.25 - following on from an internal inspection today - we can confirm there are 4 vacant flats and one flat is let.
ONLINE AUCTION from 29th JULY-31st JULY
A substantial freehold building comprising a ground floor retail unit and five flats.
The property is situated on a main road position close to local amenities and shops and good road links to the city centre and M4 motorway.
Please note the property has not been inspected by auctioneers however we believe it comprises
384
Ground: Retail area with tanning booths and rear kitchen/wc
Flat 1 (above shop)- Lounge, Kitchen, 2 bedrooms, bathroom
Flat 2 (above shop) Lounge, Kitchen, 2 bedrooms, bathroom
386
First:
Flat 3 - Lounge, kitchen, bedroom, bathroom
Flat 4 - Lounge, kitchen, bedroom, bathroom
Flat 5 - Lounge, kitchen, bedroom, bathroom
Outside: Rear yard and lock up garage / store to rear
B
Shop is Let at £600 pcm (£7,200pa)
One flat is Let but 2 are being sold vacant - Should offer scope to let in the future for £36,000 per annum
Advised Freehold - to be verified by solicitor
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.
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.