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This property has been withdrawn from the auction.
ONLINE AUCTION 23 JULY 2020
A substantial commercial premises arranged over three storeys and located in the main shopping area of Ebbw Vale town centre and benefits from a prominent position next to national retailers such as, Argos, Dominos Pizza, Savers Health and Beauty, to name just a few, alongside many established local retailers. The property has accommodated a long standing hair and beauty company for many years which has been a very profitable venture as the building offers multiple opportunities for expansion or sub letting.
The nearby train station is within walking distance and further benefits clientele with easy access. There is also staff/customer parking available to the rear which is sufficient for multiple vehicles.
Ebbw Vale is easily accessible from the A465 (Heads of the Valley road) and many other nearby towns including Brynmawr, Abertillery and Blaenavon.
The building has been greatly improved/renovated in recent years and is in excellent condition throughout; new electrics and gas central heating installation on ground and first floors in 2013, and more recently new rear windows and new electrics on second floor (connection to the central heating system and water supply on second floor is not yet finished) .Sufficient security systems are to be included - electric shutters to front plus electric shutter to rear door, alarm system and CCTV cameras on each floor. There is also a separate entrance and electricity supply to the upper floors which may benefit buyers looking at potential conversion. There is also access to the roof area from the second floor.
Fixtures and fittings available - to be negotiated separately.
VIEWINGS
Due to easing of travel restrictions by the Welsh Government, we are now carrying out viewings on this property. To book onto a scheduled viewing, please email info@paulfoshauctions.com or call 01633 254 044.
Ground Floor: Main retail area, 2 treatment rooms, kitchenette, wc
First Floor: Large open plan retail area, 2 treatment rooms, (1 with half height wall adjoining the retail area), kitchenette, wc
Second Floor: 3 Rooms, shower room, kitchenette, access to roof area
Outside: Car parking to rear for multiple vehicles
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
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.
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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