Lot 47 - Former Bakery, Goshen Street, Rhymney, Tredegar, NP22 5NF

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

Commercial Investment/Potential Development Opportunity

Description

ONLINE AUCTION from 20th OCTOBER

A former bakery premises located in a mainly residential location in close proximity of Rhymney's main shopping area. The business has recently stopped trading and pre-application enquiries have been made. The response from local authorities favourable for the development of one to two houses on the plots. Building may be considered for other commercial uses (subject to correct usage permissions), such as builders yard/storage, food outlets, manufacturing etc.

Rhymney is situated in Caerphilly County Borough and offers good road links to the towns of Bargoed and Tredegar, with the A465 Heads of the Valley road being easily accessible.

The property further benefits from mains gas electric and water.

Planning Permission: Planning enquiry application number SPA/19/0064

VIRTUAL TOUR:

Accommodation

Ground Floor: Entrance/garage door (allows vehicular access), wc, 5 rooms/areas
First Floor: Storage space
Outside: Off road parking to front, large rear garden

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 £750) 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. 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 254 044
01633 254044

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