Lot 15 - 33 High Street, Builth Wells, LD2 3DL

  • Unconditional Online Auction Sale
  • Guide Price* : £83,000+
  • Bedrooms: 0

View a Walkthrough of the Property

Commercial Investment Opportunity

Description

ONLINE AUCTION 11th JUNE 2020

A mid terrace freehold building located in a busy thoroughfare in the established market town of Builth Wells.

Situated over four floors the property has two seperate entrances and further benefits from car parking to the rear. The ground floor and cellar currently have A2 commercial use in place but may suit other businesses (subject to the necessary change of usage permissions).

Builth Wells benefits from a busy town centre, particularly in the summer months when tourists gather from all around the country to enjoy the surrounding natural beauty and many walking routes the area has to offer. The renowned Royal Welsh agricultural show is also held in the nearby village of Llanelwen in the summer months.
Please note the property has not been inspected internally however we believe it comprises:

Accommodation

Floor Description Area Sq Ft Area Sq M
Basement 3 storage areas/ancillary space 818 76
Ground Floor Large reception office, 2 office rooms 829 77
First Floor Offices 383 35.60
Second Floor Offices 379 35.20
Outside Parking for multiple vehicles to the rear

Tenancies

Basement & Ground Floor - To be sold with vacant possesion
1st & 2nd Floor - Let on a formal lease from 1st Aug 2018 to 31st July 2023, with passing rent of £5,000 per annum (£416.66 per month)

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.

Loading the bidding panel...

Viewing

Paul Fosh Auctions
01633 254044

Office Contact

Documents

Related Documents

Virtual Tour

Click Here To View Virtual Tour

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.

Share