Lot 23 - 46 Church Street, Abertillery, NP13 1DB

  • Unconditional Online Auction Sale
  • Guide Price* : £110,000+

Addendum

This property has been postponed from auction.

Lot 23 - Mixed Use Development

Description

ONLINE AUCTION from 4th OCTOBER-6th OCTOBER

A leasehold A5 restaurant & takeaway with alcohol licence. In addition, the property benefits from an A3 off-licence, licence. The property also has a 2/3 bed maisonette above the premises, and subject to the relevant consents, potential to convert the basement to another 1/2 bedroom flat. Rear lane access also provides separate entrances to the flats and shop.

Location
Located in a prime location on Abertillery High street, this property is situated within close proximity to a number of mixed use developments. The property benefits from plenty of footfall, with on street disabled parking to the front. Other retail properties in close proximity include JD Weatherspoons, Boots pharmacy and Iceland.

Services
The property benefits from water, electric and gas (not tested).

Business Rates
The current rateable value for this property is £3,700, with the premises listed as ‘shop and premises’ .

VAT
The vendor has advised that there is no VAT due on this property.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Retail Area 432 40.13
Kitchen 140.18 13.02
WC
Lower Ground Floor Room 1 134.4 12.49
Room 2 133.9 12.44
Room 3 278.2 25.85
WC
First Floor Kitchen/Dining Area 184.08 17.10
Shower Room 27.04 2.51
Living Room 97.01 9.01
Bedroom 1 182.9 16.99
Second Floor Bedroom 2 93.79 8.71
Converted Attic Space 147.46 13.70
Bathroom 275.5 25.59
Bedroom 3 182.71 16.97
Outside Lane access to rear

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold - 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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Paul Fosh Auctions
01633 254044

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