Lot 62 - The Fir Tree Inn, Poplar Road, Tredegar, NP22 4LH

  • Unconditional Online Auction Sale
  • Guide Price* : £160,000+
  • Bedrooms: 4

Addendum

The property has been postponed from auction.

Lot - Pub with three flats

Description

ONLINE AUCTION from 29th JULY-31st JULY

Fir Tree Inn, is a large public house with 2 x 1 bed flats and a 1 x 2 bedroom flat above. The pub is being sold vacant possession, however the flats are being rented for £310 for a 1 bed and £650 for a 2 bed. The property could be further developed (subject to planning permission) on the ground floor with an additional two flats.

The property benefits further from a large car park and land surrounding the property.

If you're looking to run a public house, there is potential to purchase all the kitchen equipment separately.

The ground floor accommodation consists of large bar area, pool room, kitchen, 2 x wc's and access to cellar.

Location:

Tredegar is conveniently situated just off the A465 Heads of the Valley link road, providing easy access to Cardiff (approx. 23 miles), Swansea (approx. 40 miles) and beyond.

VIRTUAL TOUR

Tenancies

To be sold with vacant possession

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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Paul Fosh Auctions, 01633 254 044

Office Contact

Oliver Griffiths

Documents

Legal Documents

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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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