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ONLINE AUCTION from 8th SEPTEMBER
A freehold building comprising 3 lock up garages/storage units with office accommodation above. This versatile building would be ideal for a number of uses, for a tradesperson (such as a builder or motor mechanic etc) but may also offer scope for part conversion to residential (subject to neccessary planning consents).
The building is situated close to Newport city centre and there are excellent road links to the M4 motorway. The property benefits from electric, gas, water supplies and telephone line.
Ground Floor: 3 lock up garages/storage units (with good head height)
First Floor: Former office accommodation requiring modernisation with 3 rooms and former kitchen and bathroom area
Outside: Shared yard with scope for parking
To be sold with vacant possession
Potential Rental Income: £700 pcm
For further details, please email Adrian at email@example.com
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.
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