Lot 30 - 35a Prince Street, Newport, Gwent, NP19 8DS
Lot 30 - 35a Prince Street, Newport, Gwent, NP19 8DS
Addendum
Guide price reduction
Guide Price* : £260,000+
- Unconditional Online Auction Sale
Lot 30 - Development Opportunity
Description
ONLINE AUCTION from 5th NOVEMBER-7th NOVEMBER
An opportunity to acquire a former MOT station with land and outbuildings that has planning submitted for the development of two blocks of 15 apartments (planning pending). The site may offer scope for alternative residential development if desired (subject to neccessary plannnig consents).
The site is situated in a well-established residential location close to local amenities and convenient for Newport City centre and access to the M4 via good road links.
Planning
Planning has been submitted for the development of two blocks of flats (pending) details in the legal pack.
Council Tax Band
C
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* : £260,000+
- Unconditional Online Auction Sale
Lot 30 - Development Opportunity
Office Contact
Sean Roper
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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