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ONLINE AUCTION from 16th MAY-18th MAY
A substantial freehold building comprising ground floor shop, previously used as a gift shop, and a maisonette sold off on a long leasehold.
Location
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.
Services
The property benefits from water and electric (not tested).
Business Rates
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 |
Staff Area | 14.50 | 4.42 | |
WC | 5.25 | 1.6 |
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.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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