Lot 43 - 16 Broad Street, Builth Wells, LD2 3DT
- Unconditional Online Auction Sale
- Guide Price* : £29,000+
- Bedrooms: 1
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Investment Opportunity
Description
ONLINE AUCTION from 8th JUNE-10th JUNE
A substantial freehold building comprising ground floor shop let to a gift shop and maisonette sold off on a long leasehold.
The property occupies a prominent position on the main high street within Builth Wells which is a well known tourist destination and especially known worldwide for the Royal Welsh Show.
Accommodation
Ground Floor: (Retail Unit) Retail sales area, storage space, wc
First Floor: Maisonette
Tenancies
The shop was let 1st January 2019 for £3,000.00 per annum for 1 year which now rolls over for annual review 1st January each year
The residential flat is a 999 year leasehold occupying basement, part ground floor, 1st and second floors
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 9 Bids
| User | Amount | Date |
|---|---|---|
| Bidder 3 | £30,000 | 10/06/21 18:13:11 |
| Bidder 1 | £29,500 | 10/06/21 18:13:00 |
| Bidder 3 | £29,000 | 10/06/21 18:11:11 |
| Bidder 1 | £28,500 | 10/06/21 18:08:22 |
| Bidder 3 | £28,000 | 10/06/21 18:05:08 |
| Bidder 1 | £27,500 | 10/06/21 17:57:16 |
| Bidder 3 | £27,000 | 10/06/21 17:46:12 |
| Bidder 2 | £26,500 | 10/06/21 13:41:45 |
| Bidder 1 | £26,000 | 09/06/21 18:47:36 |
Viewing Information
Booking is required.
In the event of cancellation or amendment, we may contact you with updates. If you do not register but you travel to a viewing, you do so at your own risk.
Viewing
Office Contact
Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
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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If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.