Lot 89 - Flat 1-2 & Retail Shop, 32 Eastgate, Aberystwyth, SY23 2AR
- Unconditional Online Auction Sale
- Guide Price* : £190,000+
- Bedrooms: 1
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Lot 89 - Mixed Use Investment
Description
ONLINE AUCTION from 7th OCTOBER-9th OCTOBER
Positioned on Eastgate, one of Aberystwyth's prominent thorough fares, this property enjoys a central town location with excellent access to amenities.
Set over two floors the property comprises of a ground floor retail unit with basement and 2 x 1 bed flats. The building is estimated to generate in excess of £21,000 per annum, with potential upside with refreshed tenancy or refurbishment.
Retail space - Modern, well-maintained interiors with a traditional glass shop front, opening directly onto Eastgate. Ancillary areas include back store room, second store room, WC and basement.
Flats - Separate ground floor entrance leading to communal hallway and steps to first floor: Each flat has a double bedroom, bathroom and open/plan living, kitchen/diner.
The street is bustling with local retailers, eateries, and within walking distance of key attractions like the promenade, university facilities, and public transport hubs - including Aberystwyth railway station just 300m away.
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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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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