Lot 37 - 8 Market Square, Brynmawr, Ebbw Vale, NP23 4AJ
Lot 37 - 8 Market Square, Brynmawr, Ebbw Vale, NP23 4AJ
Guide Price* : £45,000+
- Unconditional Online Auction Sale
Lot 37 - Commercial Opportunity
Description
ONLINE AUCTION from 3rd FEBRUARY-5th FEBRUARY
A two storey mixed-use property located in Brynmawr - a historic market town in Blaenau Gwent, Brynmawr's High Street (Beaufort Street) features a mix of independent shops, cafes, charity shops and essential services, centered around Market Square with its historic Market Hall - now a cinema/theatre.
The ground floor was previously let to Ladbrokes and is now vacant, ready to be marketed for a new commercial tenant.
The first floor benefits from separate access and provides accommodation, including a large room/kitchen area and a WC.
The upper floor is expected to achieve an open-market rental income in the region of £500–£600 per calendar month.
Council Tax Band
A
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* : £45,000+
- Unconditional Online Auction Sale
Lot 37 - Commercial Opportunity
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
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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