Lot 48 - 255 & 257 High Street, Blackwood, NP12 1AW

  • Unconditional Online Auction Sale
  • Guide Price* : £185,000+
  • Bedrooms: 0

Addendum

* Please note that 255 High Street is now being sold with vacant possession.

Commercial Investment

Description

Two commercial units situated on Blackwood High Street just outside the main shopping thoroughfare. This substantial building is arranged over three floors and offers further potential incomes in the first floor areas.

Blackwood has a busy shopping area and benefits from many national retailers. This property would make an ideal investment with one unit already let.

Accommodation

Floor Description Rent
255 High Street To be sold with vacant possession.
Ground Floor Main retail area, wc
Outside Off road parking, rear yard
Ground Floor Main retail area
Lower Ground Floor 3 rooms, wc, kitchen
First Floor 4 rooms, bathroom
Outside Rear yard
257 High Street Currently let to a tattooist on an annual lease (starting 1st Feb 2019) - The rent is £650 pcm (£7,800 pa).

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 1.2% 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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