Lot 74 - 4 Sycamore Street, Newcastle Emlyn, SA38 9AP

  • Unconditional Online Auction Sale
  • Guide Price* : £85,000+

LOT 74 - Commercial Investment

Description

ONLINE AUCTION from 8th NOVEMBER-10th NOVEMBER

The property briefly comprises a mid terrace, two storey building arranged across ground and first floors. The property will be sold with vacant possession. There may be opportunity for redevelopment to alternative uses, (subject to gaining the necessary planning consent).

Location
Located in Newcastle Emlyn, a town that straddles the counties of Ceredigion and Carmarthenshire in West Wales, and sits along the River Teifi. The town is located approximately 46 miles from Swansea, 85 miles from Cardiff and 123 miles from Bristol.

The subject property is situated at the southern end of Sycamore Street. Occupiers in the area include Boots, Lloyds Bank, Barclays and Premier Stores as well as number of local retailers and public houses.

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

VAT
The vendor has confirmed that the property is opted for VAT.

Accommodation

Floor Area Sq Ft Area Sq M
Ground Floor 2,466 228.10
First Floor 1,501 139.45

Tenancies

To be sold with vacant possessionT

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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