Lot 66 - Tudor House, Hanbury Road, Pontypool, NP4 6JL

  • Unconditional Online Auction Sale
  • Guide Price* : £130,000+

Lot 66 - Commercial Investment

Description

ONLINE AUCTION from 8th NOVEMBER-10th NOVEMBER

The subject property comprises a four storey, mid terrace building of traditional construction.

The ground floor is comprised of a retail unit with a glazed frontage onto Hanbury Road. The property was previously utilised as a recruitment agency with offices/sales area and ancillary area. The remainder of the property is comprised of office and ancillary space, and residential flat.

Total approximate size: 293 sqm/3154 sqft.

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

Business Rates
Current rateable value is £4,150. The property is classified as 'Shop offices and premises'.

VAT
Vendor has advised that there is no VAT due on the sale of this property (to be confirmed by a solicitor).

Accommodation

Floor Area Sq Ft Area Sq M
Ground Floor 992.76 92.23
Basement 1,345.16 124.97
First Floor 426.81 39.65
Second Floor 559.01 43.48

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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Paul Fosh Auctions
01633 254044

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