Lot 82 - 44 Commercial Street, Tredegar, Gwent, NP22 3DJ
Guide Price* : £63,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
- |
- 1 Bathroom
Lot 82 - Commercial investment
Description
ONLINE AUCTION from 4th - 6th FEBRUARY
An opportunity to acquire an A3 commercial investment opportunity. The property is trading as a Fish & Chip/Kebab shop let on a 15 year lease.
The property is situated in the main shopping street in the town of Tredegar which has a number of independent traders, including: Estate Agents’, Cafes, National Traders Boots &Greggs.
The Tenant has indicated that trade is good and they have a long-term plan to remain in situ.
Accommodation
Ground Floor Fish and chip shop with sales area, rear storeroom and chipping room
First Floor Rooms 1 & 2, Shower Room / WC
Outside Rear yard / garden area
Tenancies
Let at £700.00pcm £8,400 p/a on a 15 year lease – see legal pack
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* : £63,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
- |
- 1 Bathroom
Lot 82 - Commercial investment
Viewing
Paul Fosh Auctions
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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