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

  • Unconditional Online Auction Sale
  • Guide Price* : £15,000+
  • Bedrooms: 0

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 1.5% of the purchase price (subject to a minimum of £1,500) 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/land transaction tax (LTT). 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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Bidding History 22 Bids

User Amount Date
Bidder 3 £20,750 10/12/20 17:53:23
Bidder 6 £20,500 10/12/20 17:51:40
Bidder 3 £20,250 10/12/20 16:22:47
Bidder 6 £20,000 10/12/20 16:22:12
Bidder 3 10/12/20 16:22:12
Bidder 6 £19,750 10/12/20 15:52:35
Bidder 3 10/12/20 15:52:35
Bidder 6 £19,250 10/12/20 15:48:07
Bidder 3 10/12/20 15:48:07
Bidder 6 £18,250 10/12/20 15:39:15
Bidder 3 10/12/20 15:39:15
Bidder 6 10/12/20 15:39:15
Bidder 3 £17,500 10/12/20 14:26:45
Bidder 5 £17,250 10/12/20 11:29:24
Bidder 3 £17,000 10/12/20 08:54:23
Bidder 4 £16,500 09/12/20 23:10:38
Bidder 1 £16,000 09/12/20 23:10:11
Bidder 4 £15,500 09/12/20 20:16:08
Bidder 3 £15,000 09/12/20 10:45:50
Bidder 2 £13,000 09/12/20 07:18:20
Bidder 1 £12,000 08/12/20 17:26:35
Bidder 1 £11,000 08/12/20 17:26:31

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Paul Fosh Auctions
01633 254044

Office Contact

Documents

Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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