Lot 36 - Former Vape Shop, 165 High Street, Blackwood, NP12 1AA

  • Unconditional Online Auction Sale
  • Guide Price* : £27,000+

Commercial Investment

Description

ONLINE AUCTION from 19th OCTOBER-21st OCTOBER

Perhaps the smallest shop in south Wales, this former vape shop measures approximately 11.5 sq m/123.7 sq ft. Due to its low rateable value this property is exempt from business rates.

Ideally located on the thriving High Street of Blackwood, this property benefits from plenty of footfall. Previous uses include a sandwich shop and sweet shop, however, the property would suit a multitude of uses including mobile phone repair shop or small boutique.

There are a number of independent and national traders on the High Street, including Specsavers and ShoeZone, which are located either side of the property. The property also benefits from a kitchenette to the rear.

Viewing Schedule

Date Time
Fri 08 Oct - Thur 14 Oct - Wed 20 Oct 09:30

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. 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.

Bidding not yet open
Minimum Opening Bid

£24,500


Bidding Opens On
19th Oct 2021 12:00
Scheduled End Date

Connecting to server...

Office Contact

Viewing

Paul Fosh Auctions
01633 254044

Documents

Legal Documents

Log in to view legal documents

Share