Lot 35 - Health Clinic, Maendy Square, Pontnewydd, Cwmbran, NP44 1HN

  • Unconditional Online Auction Sale
  • Guide Price* : £120,000+

Lot 35 - Commercial Investment

Description

ONLINE AUCTION from 8th NOVEMBER-10th NOVEMBER

A two storey building of brick construction, with a pitched tiled roof. The building has previously been used as a Health Clinic.

The rear of the property benefits from an enclosed space, and to the front of the property there are parking spaces for at least two cars. Additionally there is a public car park to the rear of the property.

There are electric roller shutters on the main front door and front windows.

Currently comprised of a health clinic to the ground floor and offices to the first floor.

Location
Located in the highly sought after area of Cwmbran, this property is ideally located close to local amenities and transport routes. The area is primarily residential with a number of local shops to the rear.

Prominently positioned on the intersection of Maendy Wood Rise and Heol Y Pwca.

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

Business Rates
This property is currently classified as ‘health centre and premises’, with the current rateable value being £8,700.

VAT
We have been advised that no VAT is due on this sale.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Waiting Room/Reception Area 845.84 78.58
Disabled WC
Men's WC
Consultation Room 1 162.63 15.01
Consultation Room 2 170.97 15.88
Consultation Room 3 173.43 16.11
Storage Room 51.04 4.74
Kitchen 45.24 4.20
Consultation Room 4 179.58 16.68
First Floor Staff Room 288.54 26.80
Office 1 114.14 10.60
Office 2 182.03 16.91
Office 3 115.70 10.70
WC

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/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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Office Contact

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Paul Fosh Auctions
01633 254044

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