Lot 47 - Workshop/Storage Land, East side, Harcourt Terrace, Tredegar, NP22 3QF
- Unconditional Online Auction Sale
- Guide Price* : £1,000+
- Bedrooms: 0
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Lot 47 - Workshop/Storage Land
Description
ONLINE AUCTION from 2nd SEPTEMBER - 4th SEPTEMBER 2025
Currently comprising of a detached workshop with potential for a variety of uses subject to necessary planning consents. Ideal for storage or there is scope to run a commercial office if desired with some improvements. Located in a popular area in Tredegar within short distance to local amenities and transport links. this is likely to appeal to those looking for a secure compound, builders yard 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 made. With the large amount of high traffic flows from the main road and its close proximity to the heads 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). This would be subject to the original building coming down to make space for the EV charging points.
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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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
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.
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