Lot 58 - Caddick Building, North Street, Pontypool, NP4 9RN

  • Unconditional Online Auction Sale
  • Guide Price* : £129,000+

Mixed Use Commercial Opportunity

Description

ONLINE AUCTION from 20th OCTOBER

A substantial detached stone built building located on the B4246, North Street, Blaenavon on the junction with Estate Road. Blaenavon is a UNESCO world heritage site with the former Iron Works in close proximity.

The property consists of ground floor workshop area with first floor office accommodation. The property is positioned on a generous plot providing storage and parking areas together with a detached open storage building.

The site was most recently occupied by a building company but may be suitable for other alternative uses (subject to necessary planning consents).

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Store 1 545 50.65
Ground Store 2 430 40.00
Ground Store 3 451 41.90
Ground Reception 192 17.87
Total 1618 150.42
First Office Area 442 41.12
First Landing Area 122 11.39
First Kitchen 81 7.56
First Office Store 103 9.62
First Stairwell Storage Area 32 4.80
First Office 134 12.49
First Large End Office 353 32.80
Total 1287 119.78
Second Office 1 330 30.66
Second Office 2 165 15.37
Total 495 46.03
Outside External Open Store 635 58.98
Outside Seperate Retail Unit 423 39.36
Total NIA 4458 414.14

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, 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

Office Contact

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Paul Fosh Auctions, 01633 254 044
01633 254044

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