Waiting for video...
ONLINE AUCTION from 31st JANUARY-2nd FEBRUARY
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.
Located in the town of Abertillery this property is situated to the 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.
The property benefits from gas, water and electric (not tested).
We have been advised that the rateable value for this premises is £8,800, the property is ‘workshop and premises’.
We have been advised that there is no VAT due on the sale of this property.
|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|
|Dark Room 1||117.97||10.95|
|Dark Room 2||49.8||4.62|
|Print Room 4||856.9||79.60|
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.