Lot 40 - 67 Broad Street, Blaenavon, Pontypool, NP4 9NH
Guide Price* : £53,000+
- Unconditional Online Auction Sale
- 1 Bedroom
Lot 40 - Mixed Use Property
Description
ONLINE AUCTION from 15th april-17th APRIL
A two storey mixed use premises comprising of a ground floor retail unit and a first floor flat.
The ground floor unit is currently vacant but has an anticipated rental income of £400pcm. The first floor flat is currently tenanted and is achieving an income of £450pcm.
Location
Located on the main high street in Blaenavon, this property holds a prominent core position on the intersection of Broad Street and Lion Street.
Ideally situated within walking distance from tourist attractions such as Blaenavon Ironworks, The Heritage Railway, World Heritage Centre and The Big Pit.
Additionally, Blaenafon Cheddar Co is located on Broad Street which brings a lot of tourists to the area. Directly behind the building is Lion Street public car park, and Lion Street bus station, this property is within close proximity to transport links and all local amenities.
VAT
We have been advised that no VAT is applicable on the sale of this property.
Council Tax Band
A
Tenancy
| Tenant | Tenancy Type | Start Date / End Date | Tenancy Term | Rental Amount |
|---|---|---|---|---|
| Retail Unit | Vacant | Vacant | Vacant | Vacant |
| Flat | Statutory periodic | TBC | Statutory periodic | £450 pcm |
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* : £53,000+
- Unconditional Online Auction Sale
- 1 Bedroom
Lot 40 - Mixed Use Property
Viewing
Paul Fosh Auctions
Joint Agent
Toombs & Toombs Property Consultants
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.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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