Lot 63 - 69 High Street, Rhymney, Tredegar, NP22 5LP

  • Unconditional Online Auction Sale
  • Guide Price* : £48,000 +

Commercial/Residential Investment

Description

ONLINE AUCTION from 8th JUNE-10th JUNE

A freehold building comprising of a shop and two one bed flats.

The ground floor offers a shop unit with traditional glazed windows and roller shutter door to front.

Above are two one bed flats currently let, providing an income of £2,400 per annum each comprising lounge, bedroom, kitchen and bathroom. Further benefits are gas central heating (not tested) and double glazed windows.

The shop could potentially achieve around £4,000 per annum if let and would be ideal for a variety of businesses (subject to any change of use consent)

Rhymney is situated in Caerphilly County Borough and offers good road links to the towns of Bargoed and Tredegar, with the A465 Heads of the Valley road being easily accessible.

Accommodation

Ground Floor: Shop Unit, customer wc, kitchenette area, staff wc
Flat 1
First Floor: - Lounge, kitchen, bedroom, bathroom
Flat 2
First Floor: Lounge, kitchen stairs
Second Floor: Bedroom, bathroom

Tenancies

Flat 1 let at £2,400 pa
Flat 2 let at £2,400 pa

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. 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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Sold for £77,500

This auction is now closed.

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Paul Fosh Auctions
01633 254044

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