Lot 25 - The Old Bakehouse, Rear of Co-Operative Terrace, Abertillery, NP13 1EA

  • Unconditional Online Auction Sale
  • Guide Price* : £86,000+

LOT 25 - Former Bakehouse with Former 2/3 Bed Flat and Parking

Description

ONLINE AUCTION from 13th DECEMBER-15th DECEMBER

A substantial commercial unit formerly used as a bakehouse. The property is being sold with vacant possession although is currently being used as a printers.

The ground floor of the property is comprised of two large open plan print rooms. The first floor is comprised of a number of ancillary space. There is also a 2/3 bedroom flat which has previously been used as owners accommodation, although is currently being used as storage. The flat can be accessed from inside the bakehouse but also benefits from its own separate access.

There is head height attic space, which may provide scope for development subject to the relevant consents.

There is a courtyard at the front of the property which provides parking for 2+ cars.

Location
Located in the town of Abertillery this property is situated to west of Park Place one of the main high streets in the area. There are a number of independent and national retailers within close proximity including Greggs, Boots and Iceland.

The property is located in a cul-de-sac of residential buildings, with mixed use developments in close proximity.

To the rear of the property is a public car park.

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

Business Rates
We have been advised that the rateable value for this premises is £8,800, the property is ‘workshop and premises’.

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

VIRTUAL TOUR

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Print Room 1 1429.26 132.78
Print Room 2 851.37 79.09
First Floor (Bakehouse) Print Room 3 852.25 79.17
Room 1 314.59 29.22
Room 2 182.05 16.91
Room 3 55.37 5.14
Room 4 48.88 4.54
WC
Room 5 25.11 2.33
Dark Room 1 117.97 10.95
Dark Room 2 49.8 4.62
Print Room 4 856.9 79.60
Office 206.19 19.15
Attic 943.5 87.65

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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