Lot 34 - Former Rugby Club, Park Road, Pontypool, NP4 6JE

  • Unconditional Online Auction Sale
  • Guide Price* : £130,000+

Commercial Investment

Description

ONLINE AUCTION from 27th APRIL-29th APRIL

A prominently positioned, two storey former rugby club located in Pontypool. There are two entrances located at the front of the building, and a gated entrance to the side which provides access to the rear yard, and large outhouse.

Whilst the building has most recently traded as a bar/night club we have been advised that the building would be ideal for numerous other commercial uses such as a restaurant, gym/ dance school or conversion to residential (subject to necessary planning consents)

Located on the ground floor of the property is an open plan bar area with a basement cellar, male and female wcs and a kitchen. The first floor is comprised of an open plan bar area with level cellar, male and female wcs and storage space. There are also numerous points of entry.

To the rear of the property is a large outhouse that could be suitable for conversion.

Accommodation

Floor Description Area Sq Ft Area Sq M
Basement Cellar Not measured
Ground Floor Open plan bar area, male wc, female wc, kitchen 2934.64 272.64
First Floor Open plan bar area, male wc, female wc, level cellar, storage space 2934.67 250.80
Outside Large single storey outbuilding, yard

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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Paul Fosh Auctions, 01633 254 044
01633 254044

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