Lot 70 - 23 High Street, Newbridge, Newport, NP11 4FH

  • Unconditional Online Auction Sale
  • Guide Price* : £45,000+

Commercial Opportunity

Description

ONLINE AUCTION from 8th SEPTEMBER

A single storey commercial building located in a prominent high street location. The property benefits from high rates of foot fall and is positioned outside one of the main bus stops in the town centre.

The property would suit many different business uses including barbers, salon, office, retail shop, food outlet etc. (subject to change of use permissions where required). Alternatively, this may interest developers looking to convert into a residential dwelling (subject to the necessary planning consents).

Newbridge benefits from excellent road links to the surrounding towns of Blackwood, Pontypool, Abertillery, to name just a few. Further benefits include UPVC double glazed windows, skylights and recently plastered walls.

Accommodation

Ground Floor: Open plan room, wc

Tenancies

To be sold with vacant possession

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. 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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Joint Agent

Parkmans

Office Contact

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Paul Fosh Auctions
01633 254044

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