Lot 92 - Former Vape Shop, 165 High Street, Blackwood, NP12 1AA
Lot 92 - Former Vape Shop, 165 High Street, Blackwood, NP12 1AA
Addendum
The property has sold prior to auction.
Guide Price* : £19,000+
- Unconditional Online Auction Sale
Lot 92 - Commercial Investment
Description
ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY
This former vape shop measures approximately 11.5 sq m/123.7 sq ft. Due to its low rateable value this property is exempt from business rates. The property was previously let at £3,650pa.
The property has recently been renovated and has had a new fuse board and a saniflo type system.
Ideally located on the thriving High Street of Blackwood, this property benefits from plenty of footfall. Previous uses include a sandwich shop and sweet shop, however, the property would suit a multitude of uses including mobile phone repair shop or small boutique.
There are a number of independent and national traders on the High Street, including Specsavers and Shoe Zone, which are located either side of the property. The property also benefits from a kitchenette to the rear.
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* : £19,000+
- Unconditional Online Auction Sale
Lot 92 - Commercial 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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