Waiting for video...
ONLINE AUCTION from 16th MAY-18th MAY
A substantial freehold building comprising ground floor shop, previously used as a gift shop, and a and maisonette sold off on a long leasehold.
The property occupies a prominent position on the main high street within Builth Wells which is a well known tourist destination and especially known worldwide for the Royal Welsh Show.
The property benefits from water and electric (not tested).
Current rateable value is £2,250. The property is classified as ‘Shop and premises'.
Ground Floor: Retail sales area, storage space, wc
First Floor: Maisonette
|Floor||Description||Area Sq Ft||Area Sq M|
|Ground Floor||Retail Area||74.74||22.78|
Ground floor - vacant
The residential flat is a 999 year leasehold occupying basement, part ground floor, 1st and second floors.
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 £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.
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.