Lot 66 - The Old School Gething Terrace, Blaenavon, Pontypool, NP4 9DN

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000+
  • Bedrooms: 0

Potential Development Opportunity

Description

ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY

A stone built former school located in Forgeside, Blaenavon. It offers easy access to the towns of Blaenavon and Pontypool which benefit from a range of amenities and shopping facilities.

The property was previously used for manufacturing and production but has remained vacant for many years. The building requires extensive works but may be suitable for other uses including residential or commercial development (subject to the necessary planning permissions).

There are nearby landmarks including "The Big Pit National Coal Museum" and the "Blaenavon World Heritage Centre". The Heads of the Valley Road (A465) is located approximately 5 miles away and can be reached in approximately 10 minutes by vehicle, providing convenient access to towns and cities across south Wales.

Tenancies

To be sold with vacant possession

Tenure

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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