Lot 4 - 58 Glyn Terrace, Tredegar, NP22 4JA

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000+
  • Bedrooms: 1

Commercial/Residential Investment Opportunity

Description

ONLINE AUCTION from 16th MARCH- 18th MARCH

An opportunity to acquire a mixed use property in a mainly residential location. The property consists of shop unit to the ground floor and a flat to the first floor, both would benefit from light refurbishment. Benefits include gas central heating (not tested) and double glazed windows.

The area of Georgetown is located approximately 1 mile from Tredegar town and offers a range of local amenities. Tredegar town centre can be accessed in a few minutes by vehicle and offers a more extensive range of shops and facilities. The A465 is accessible approximately 2.8 miles to the north and provides convenient access to the surrounding towns of Brynmawr, Abergavenny, Merthyr Tydfil and beyond.

VIRTUAL TOUR

Accommodation

Ground Floor: Retail area, kitchen, wc
First Floor: Entrance hallway, kitchen/living room, shower room, bedroom
Outside: Rear garden area

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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