Lot 37 - Former Fish Bar, 13 Watergate, Brecon, LD3 9AL
Guide Price* : £110,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Lot 37 - Commercial/Residential Investment
Description
ONLINE AUCTION from 18th JUNE-20th JUNE
A ground floor retail unit with owners accommodation above. The property has been trading as an established fish and chip shop for over 40 years. Subject to the relevant consents the property would be suitable but not limited to use as a café, restaurant or retail unit. There may also be scope to convert the owners accommodation into self-contained flats.
Location
Situated in the popular town of Brecon on the banks of the river Usk. This property occupies a prominent corner position on Ship Street, one of the main shopping thoroughfares through the town. The property is amongst a number of independent retailers and is within short proximity to on street parking.
The town benefits from good transport links to the A40 and A470, with the cities of Hereford, Cardiff and Swansea all within approximately one hours drive and the M4 link can be accessed near Newport.
The town of Brecon is a popular destination for tourists and holiday makers due to its location within the Brecon Beacons National Park.
Services
The property benefits from gas, water and electric (not tested).
VAT
We have been advised that here is no VAT due on the sale of this property.
Council Tax Band
A
Accommodation
| Floor | Description | Area Sq Ft | Area Sq M |
|---|---|---|---|
| Ground Floor | Retail Area | 224.54 | 20.86 |
| Kitchen | 124.22 | 11.54 | |
| Preparation Room | 126.58 | 11.76 | |
| First Floor | Bathroom | 32.29 | 6.23 |
| Kitchen | 88.69 | 8.24 | |
| Living Room | 217.10 | 20.17 | |
| Second Floor | Bedroom 1 | 118.72 | 11.03 |
| Bedroom 2 | 104.08 | 9.67 |
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/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.
Guide Price* : £110,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Lot 37 - Commercial/Residential Investment
Viewing
Paul Fosh Auctions
Office Contact
Debra Bisley
Documents
Auction Finance
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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