Lot 83 - 5 x Garages at, Thompson Avenue, Newport, NP19 4LY

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Lot 83 - 5 x Garages at, Thompson Avenue, Newport, NP19 4LY

Guide Price* : £45,000+

  • Unconditional Online Auction Sale

4/5 Garages and Land with Potential

Description

ONLINE AUCTION from 16th MARCH-18th MARCH

A block of four/five garages and land, situated in a well established residential location. The garages are sold with vacant possession, however they will be ideal for a buy to let investor. The garages previously had electric, but power now disconnected.

There may also be scope to fence the boundary and create a small compound or full redevelopment of the site (subject necessary planning consents).

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

4/5 Garages and Land with Potential

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Lot 83 - 5 x Garages at, Thompson Avenue, Newport, NP19 4LY

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