Lot 33 - 116/118 High Street, Blackwood, NP12 1AF

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


This property has been withdrawn prior.

Commercial Investment Opportunity


An opportunity to acquire two shops trading as a mobile telephone shop and florist, with ancillary accommodation over. The property is situated in Blackwood, a vibrant town with a wealth of shopping facilities and amenities.


116 High Street: Retail shop unit with first floor ancillary accommodation over (not used).
118 High Street: Retail shop unit with first floor ancillary accommodation over (not used).


Tenant Rent
116 High Street Currently let from 1st Sept 2019 on a 15 month licence at £750 pcm
118 High Street Let at £950 pcm on IRI lease (currently holding over).
Total Annual Income £20,400 pa


Advised Short Leasehold - 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 1.2% of the purchase price (subject to a minimum of £975) 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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