Lot 79 - 1 Wainfelin Road, Pontypool, Gwent, NP4 6DE

  • Unconditional Online Auction Sale
  • Guide Price* : £160,000+

Addendum

This property has sold prior to auction.

Lot 79 - Established Chip Shop with 3 Bed Owner Accommodation/Maisonette

Description

ONLINE AUCTION from 8th NOVEMBER-10th NOVEMBER

A well-established fish and chip shop with a good client base. The fish and chip shop has been running in excess of 18 years and during this time has proven to be popular with local residents.

The property briefly comprises of a ground floor retail unit with lower ground preparation/storage area, a three bed maisonette/owners accommodation. Subject to the relevant consents there may be possibility to convert the property into a fully residential dwelling.

There is a garden to the rear of the property, and a parcel of land on the opposite side of the lane which subject to the relevant consents may be suitable as a building plot for a double garage.

Benefiting from a roof terrace and garage this property would make the ideal investment for anyone looking to start a business as well as own a family home.

Location

Located in Wainfelin, Pontypool this end of terrace property is situated in a predominately residential area. Within close proximity to local amenities, this property is approximately a 5 minute drive to Pontypool town centre.

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

Business Rates
This property is currently exempt from business rates

VAT
We have been informed that no VAT is due on the sale of this property.

Accommodation

Floor Size (Approx.)
Ground Floor (retail)
Retail Area
Foyer
Kitchenette
151.04 sqft / 14.03 sqm
Ground Floor (residential)
Kitchen
Living room
63.86 sqft / 5.9 sqm
235.32 sqft / 21.86 sqm
Lower Ground Floor / Basement
Room 1
Room 2
Room 3
220 sqft / 20.4 sqm
218.16 sqft / 20.26 sqm
90.48 sqft / 8.4 sqm
First Floor
Bedroom 1
Bedroom 2
Bedroom 3
Bathroom
90 sqft / 8.36 sqm
100 sqft / 9.2 sqm
157.95 sqft / 14.67
71.5 sqft / 6.6 sqm

Tenancies

This property is to be sold with vacant possession

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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