Lot 26 - 2 Garages, Whitstone Road, Newport, NP19 8BB

  • Unconditional Online Auction Sale
  • Guide Price* : £15,000+

Investment Opportunity

Description

ONLINE AUCTION from 8th DECEMBER - 10th DECEMBER

An opportunity to acquire two garages in a sought after location on the east side of Newport. The garages benefit from roller doors, one is currently let and the other being vacant.

Tenancies

Garage 1 is let at £50 per calendar month
Garage 2 is currently vacant
Potential income when both garages are fully let is £1,200 per annum

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.

Bidding not yet open
Minimum Opening Bid

£11,000


Bidding Opens On
8th Dec 2020 12:00
End Date

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Office Contact

Sean Roper - sean@paulfoshauctions.com

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Paul Fosh Auctions, 01633 254 044
01633 254044

Documents

Legal Documents

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