Lot 29 - 32 Broad Street, Blaenavon, Pontypool, NP4 9NF

  • Unconditional Online Auction Sale
  • Guide Price* : £75,000+
  • Bedrooms: 3

Lot 29 - Retail Unit with Three Bed Maisonette

Description

ONLINE AUCTION from 7th MARCH-9th MARCH

Located on the ground floor of the property is a book shop, which is comprised of two rooms. The top two floors are comprised of a three bedroom maisonette which can be accessed via the shop or via the entrance to the rear of the property. Additionally, there is a head height basement, and a large attic.

Subject to the relevant consents this property may be suitable for further development.

Location
Located on the main high street in Blaenavon, this property holds a prominent core position on the intersection of Broad Street and Burford Street.

Ideally situated within walking distance from tourist attractions such as Blaenavon Ironworks, The Heritage Railway, World Heritage Centre and The Big Pit.

Additionally, Blaenafon Cheddar Co is located on Broad Street which brings a lot of tourists to the area.
Directly behind the building is Lion Street public car park, and Lion Street bus station, this property is within close proximity to transport links and all local amenities.

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

Business Rates
Currently listed as shop and premises, with a rateable value of £3,350.

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

Council Tax Band

A

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Room 1 203.85 18.93
Retail Area 378.84 35.19
Basement 225.43 20.94
First Floor Kitchen 85.1 7.90
Dining Room 122.45 11.37
Bedroom 1 116.28 10.80
Living Room 197.54 18.35
Second Floor Bedroom 2 95.76 8.89
Bedroom 3 117.6 10.92
Bathroom 58.52 5.43

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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