Lot 39 - 19/20 High Street, Abertillery, Blaenau Gwent, NP13 1AG

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

Lot 39 - Commercial/Residential/Development Opportunity

Description

ONLINE AUCTION from 4th OCTOBER-6th OCTOBER

A substantial freehold building that occupies a prominent position opposite the main car park and just a short distance from the main shopping street. The property is currently divided into a retail unit with ancillary accommodation trading as a beauticians/sun salon and then a separate flat on the first floor with its own access to side.

This versatile building offers scope to continue in its current configuration or change to further flats, or 1 or 2 houses, or mix of both residential and commercial (subject to necessary planning consents).

Virtual Tour
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Accommodation

Ground Floor: Reception area, 4 tanning units and 2 treatment rooms, WC, hallway with stairs to first floor, 2 rooms
First Floor: Access from side with stairs to first floor, 3 rooms, kitchen, washroom

Tenancies

Sold with ground floor let on lease which expires in February at £650.00PCM (£7,800 P/A).
We are informed the tenant will not be renewing the lease
Flat to be sold with vacant possession but should let at £400PCM

Investors: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email rhys@paulfoshlettings.com for invaluable advice.

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.

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Paul Fosh Auctions
01633 254044

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