Lot 16 - Compound B, East Harcourt Terrace, Tredegar, Gwent, NP22 3QF

  • Unconditional Online Auction Sale
  • Guide Price* : £1,000+
  • Bedrooms: 0

Lot 16 - Compound 1/Development Plot/ Business Hot Spot/ EV charging potential

Description

ONLINE AUCTION from 29th JULY-31st JULY 2025

Currently comprising of a container situated on a yard (container included in sale) this is likely to appeal to those looking for a secure compound, builders yard, car storage/sales or for a siting of a structure to accommodate a barbers, dog groomers, tattooist or developers who may see potential for development for a residential house (subject to necessary planning).

There could also be scope for having 2 EV charging points, initial enquiries have been with the large amount of high traffic flows from the main road and it's close proximity to the head of the valley road it would be a great setting for a EV charging station.
Typically an EV charging point is worth £5,000 per annum per charger, so based on the size and location, the site could generate between £10,000 and £15,000 per annum in rent for the EV charging points and offer a long term investment (subject to planning).

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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Paul Fosh Auctions
01633 254044

Office Contact

Sean Roper

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.

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