Lot 53 - 113 High Street, Blackwood, NP12 1AD
- Unconditional Online Auction Sale
- Guide Price* : £98,000+
- Bedrooms: 0
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Lot 53 - Commercial Development with Planning Consent for 2 Flats
Description
ONLINE AUCTION from 4th OCTOBER-6th OCTOBER
A mid terrace commercial property split over three floors. Internally the property requires full refurbishment throughout, however we understand that the property has recently had a new roof fitted.
Location
Situated in Blackwood town centre, close to a range of local amenities and shops. Approximately 9 miles north-east of Caerphilly and 12 miles north-east of Newport.
Planning Permission
The property benefits from planning permission dated 28 October 2019 to retain part existing retail unit and convert the use to its rear into a studio apartment and a two bedroom maisonette (Application Number 19/0268/COU).
Services
TBC
Business Rate
The property has been removed from the Business Rates listing, however the previous rateable value was £14,500
VAT
We have been advised that no VAT is due on this property (to be confirmed by solicitor).
Accommodation
| Floor | Description | Area Sq Ft | Area Sq M |
|---|---|---|---|
| Ground Floor | Retail Area | 702 | 65.22 |
| First Floor | Storage area | 245 | 22.76 |
| Basement | 650 | 60.39 | |
| Total | 1,597 | 148.36 |
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 1.5% of the purchase price (subject to a minimum of £1,500) 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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Bidding History 44 Bids
| User | Amount | Date |
|---|---|---|
| Bidder 4 | £136,000 | 06/10/22 18:36:45 |
| Bidder 3 | £135,000 | 06/10/22 18:36:20 |
| Bidder 4 | 06/10/22 18:36:20 | |
| Bidder 3 | £134,000 | 06/10/22 18:35:56 |
| Bidder 4 | 06/10/22 18:35:56 | |
| Bidder 3 | £132,000 | 06/10/22 18:35:44 |
| Bidder 4 | £131,000 | 06/10/22 18:35:23 |
| Bidder 3 | £130,000 | 06/10/22 18:34:57 |
| Bidder 4 | 06/10/22 18:34:57 | |
| Bidder 3 | £128,000 | 06/10/22 18:34:32 |
| Bidder 4 | 06/10/22 18:34:32 | |
| Bidder 3 | £126,000 | 06/10/22 18:34:05 |
| Bidder 4 | 06/10/22 18:34:05 | |
| Bidder 3 | £124,000 | 06/10/22 18:33:41 |
| Bidder 4 | 06/10/22 18:33:41 | |
| Bidder 3 | £122,000 | 06/10/22 18:33:17 |
| Bidder 4 | 06/10/22 18:33:17 | |
| Bidder 3 | £120,000 | 06/10/22 18:32:51 |
| Bidder 4 | 06/10/22 18:32:51 | |
| Bidder 3 | £118,000 | 06/10/22 18:32:25 |
| Bidder 4 | 06/10/22 18:32:25 | |
| Bidder 3 | £116,000 | 06/10/22 18:31:59 |
| Bidder 4 | 06/10/22 18:31:59 | |
| Bidder 3 | £114,000 | 06/10/22 18:31:54 |
| Bidder 4 | 06/10/22 18:31:54 | |
| Bidder 3 | £112,000 | 06/10/22 18:31:47 |
| Bidder 4 | 06/10/22 18:31:47 | |
| Bidder 3 | £110,000 | 06/10/22 18:31:39 |
| Bidder 4 | 06/10/22 18:31:39 | |
| Bidder 3 | £108,000 | 06/10/22 18:31:35 |
| Bidder 4 | 06/10/22 18:31:35 | |
| Bidder 3 | £106,000 | 06/10/22 18:31:31 |
| Bidder 4 | 06/10/22 18:31:31 | |
| Bidder 3 | £104,000 | 06/10/22 18:31:24 |
| Bidder 4 | 06/10/22 18:31:24 | |
| Bidder 3 | £102,000 | 06/10/22 18:31:16 |
| Bidder 4 | 06/10/22 18:31:16 | |
| Bidder 3 | 06/10/22 18:31:16 | |
| Bidder 4 | £100,000 | 06/10/22 14:26:36 |
| Bidder 2 | £98,000 | 05/10/22 17:47:15 |
| Bidder 3 | £96,000 | 05/10/22 17:41:41 |
| Bidder 2 | £94,000 | 05/10/22 08:59:33 |
| Bidder 1 | £92,000 | 04/10/22 22:40:34 |
| Bidder 1 | £90,000 | 04/10/22 22:40:18 |
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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.