Lot 71 - Southwest Medical Ltd, Comonin Warehouse, Mitchel Troy, Monmouth, NP25 4BL
Lot 71 - Southwest Medical Ltd, Comonin Warehouse, Mitchel Troy, Monmouth, NP25 4BL
Guide Price* : £350,000+
- Unconditional Online Auction Sale
Lot 71 - Investment Opportunity
Description
ONLINE AUCTION from 19th MAY - 21st MAY
A modern detached commercial/industrial unit.
Built circa 2022, the property is of steel portal frame construction with timber-clad elevations, offering a high-quality and contemporary finish.
The accommodation includes a large warehouse/workshop area with two electric roller shutter doors, together with two-storey office and showroom space to the front.
Externally, the property benefits from a generous yard area suitable for parking, loading and storage, with gated access providing added security.
The property is situated in a roadside position close to the A40, approximately 3 miles from Monmouth, offering excellent transport links to the surrounding area.
The property is currently let, producing an income of £28,000 per annum to South West Medical Limited until May 2027
Tenancies
To be sold with tenants in situ.
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* : £350,000+
- Unconditional Online Auction Sale
Lot 71 - Investment Opportunity
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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