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ONLINE AUCTION from 11th APRIL-13th APRIL
The property is situated within a small enclosed yard. The building comprises a ground floor workshop accessed via a single door. There is an additional mezzanine floor which provides an office, wc and store room.
Location
The property is located within a predominantly residential area.
The property is approx. 2 miles west of Blackwood, approx. 13 miles to the north west of Newport and the M4 motorway. Caerphilly lies approx. 10 miles to the south.
Services
The property benefits electric and water (not tested).
Business Rates
We have been advised that the property is exempt from business rates.
VAT
Vendor has advised that there is no VAT due on the sale of this property.
Floor | Description | Area Sq Ft | Area Sq M |
---|---|---|---|
Ground Floor | Workshop | 978 | 90.8 |
Mezzanine | Office, wc & store room | 950 | 88.26 |
Advised Freehold - to be verified by solicitor
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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