Lot 78 - 5 Garages at, Thompson Avenue, Newport, NP19 4LY

  • Unconditional Online Auction Sale
  • Guide Price* : £69,000+
  • Bedrooms: 0

4/5 Garages and Land with Potential

Description

ONLINE AUCTION from 20th - 22nd July

A block of four/five garages and land, situated in a well established residential location. The garages are sold with vacant possession, however they will be ideal for a buy to let investor. The garages previously had electric, but power now disconnected.

There may also be scope to fence the boundary and create a small compound or full redevelopment of the site (subject to necessary planning consents).

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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