Lot 39 - 1 Beaufort Square, Chepstow, NP16 5ZT

  • Unconditional Online Auction Sale
  • Guide Price* : £160,000+

Former Bank for Redevelopment

Description

ONLINE AUCTION from 8th SEPTEMBER

The property comprises a 4 storey building with stucco rendered walls under a parapet roof. The property which is Georgian in origin was converted into a bank in later years and is now vacant.

The building comprises a banking hall on the ground floor with further offices and stores over the four floors. The property is Grade II listed.

The building is located in central Chepstow with its range of commercial units as well as residential properties immediately adjacent. The property may well be suitable for conversion to alternative uses including residential (subject to necessary planning consents).

Accommodation

Ground Floor: Entrance lobby, banking hall, 4 further rooms
Lower Ground Floor: Various rooms and stores, strong room, door opening on to Middle Street
Cellars: Vaulted cellars
First Floor: 4 rooms, kitchen, ladies and gents wc's
Second Floor: 7 rooms, bathroom
Outside: Forecourt to front

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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Paul Fosh Auctions
01633 254044

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