Lot 122 - 60 Ifton Road, Rogiet, Caldicot, Gwent, NP26 3SS
Lot 122 - 60 Ifton Road, Rogiet, Caldicot, Gwent, NP26 3SS
Guide Price* : £65,000+
- Unconditional Online Auction Sale
Lot 122 – Commercial Investment with Residential Development Potential
Description
ONLINE AUCTION from 28th July - 30th July 2026
A single-storey freehold commercial investment occupying a prominent corner position within the village of Caldicot. The property is currently occupied as Pizza Milano, providing an attractive investment opportunity with an established tenant in occupation.
We have been informed by the landlord that the property is let at a passing rent of £5,400 per annum, with the current lease expiring on 12th February 2032.
The property offers excellent development potential, with scope to add an additional storey and create a self-contained residential flat, subject to obtaining the necessary planning permission and Building Regulations approval. We have been informed by the vendor that no planning permission is currently in place.
This is an attractive opportunity to acquire an income-producing commercial investment with the added benefit of future development and asset management potential.
Tenancies
Tenant: Pizza Milano
Passing Rent: £5,400 per annum
Lease Expiry: 12th February 2032
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* : £65,000+
- Unconditional Online Auction Sale
Lot 122 – Commercial Investment with Residential Development Potential
Documents
Legal Documents
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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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