Lot 88 - 7/8 Church Street, Abertillery, NP13 1DA

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000+
  • Bedrooms: 0

Lot 88 - Commercial Investment

Description

ONLINE AUCTION from 16th MAY-18th MAY

Location
Located in a prime location on Abertillery High street, this property is situated within close proximity to a number of mixed use developments. The property benefits from plenty of footfall, with on street parking to the front. Other retail properties in close proximity include JD Weatherspoons, Boots pharmacy, Greggs bakery and Iceland.

Services
The property benefits from gas, water and electric.

Business Rates
No 7: Current rateable value is exempt. The property is classified as ‘Offices and premises.
No 8: Current rateable value is £2,350. The property is classified as ‘Offices and premises.

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

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Retail Area 562.52 52.26
Testing Room 139.39 12.95
Kitchenette 34.44 3.2
WC 36.59 3.4
First Floor Room 1 101.50 9.43
Bathroom 56.94 5.29
Room 2 (with sink) 37.88 3.52
Room 3/Kitchen 86.11 8.0
Room 4 134.22 12.47

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 £1,200) 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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