Lot 14 - 6 Market Street, Builth Wells, LD2 3AG
Lot 14 - 6 Market Street, Builth Wells, LD2 3AG
Guide Price* : £37,000+
- Unconditional Online Auction Sale
Commercial Investment Opportunity
Description
ONLINE AUCTION 11th JUNE 2020
A ground floor office/retail premises with cellar located within the town's main shopping area. The property has been modernised throughout and further benefits from fitted carpets and an alarm system.
There is currently A2 commercial use to the ground floor, but may suit other businesses (subject to the necessary change of use permissions). The upper floors and cellar were previously sold off on a leasehold agreement (contributions are made to building insurance and maintenance).
The established market town of Builth Wells benefits from a selection of amenities, shops, schools etc. and is surrounded by natural beauty and benefits from high tourism, particularly in the summer months when the renowned Royal Welsh agricultural show takes place in the nearby village of Llanelwedd.
Accommodation
Please note the property has not been inspected internally however we believe it comprises:
Ground Floor: Open plan double office, second office, kitchenette, wc
Tenancies
To be sold with vacant possession - Ground floor only with vacant possession but access to maintain the ground floor from the cellar is reserved to the freeholder subject to 14 days notice .
Tenure
Advised Freehold - to be verified by solicitor
The cellar of this building is subject to Leasehold
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* : £37,000+
- Unconditional Online Auction Sale
Commercial Investment Opportunity
Viewing
Paul Fosh Auctions
Office Contact
Ryan Saunders
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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