Lot 72 - Land to the rear of Lawn Terrace, Rhymney, Tredegar, NP22 5LL

  • Unconditional Online Auction Sale
  • Guide Price* : £32,000+
  • Bedrooms: 0

Land with Potential

Description

An area of land located in Rhymney, it measures approximately 600 sq.m in size and offers potential for a number of suggested uses. The area is designated for commercial and leisure use and interested parties may look to develop a suitable dwelling for those purposes (subject to the necessary planning permissions). Other suitable uses may be considered but would need to be approved by the local authority.

Rhymney's shopping area is a short walk away, with the land facing onto the rear of the residential properties of Lawn Terrace and the car park at High Street in proximity. Rhymney offers convenient road links to the surrounding towns of Tredegar, Ebbw Vale and Merthyr Tydfil via the A465 (Heads of the Valley Road).

Planning Permission: As we understand, no planning applications have been submitted in connection with this land.

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/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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