Lot 19 - 21 Church Street, Abertillery, NP13 1DB
Guide Price* : £50,000+
- Unconditional Online Auction Sale
Commercial Investment with Potential for Mixed Used Development
Description
ONLINE AUCTION from 8th MARCH-10th MARCH
This property is located on a high street within Abertillery town centre, there are a number of mixed used developments within close proximity.
Formerly occupied as a café, the property was achieving an annual rental income of £10,000. Additionally the property benefits from having a hot food licence which permits it to serve hot food between 11pm and 5am.
The ground floor is briefly comprised of a coffee shop, kitchen and x2 wc’s. The top floor is comprised of three rooms and a cloakroom.
There is access via a courtyard to the rear of the property.
Subject to the relevant planning consent this property may be suitable for alternative use such as a top flat with retail unit on the ground floor.
Accommodation
Ground Floor: Kitchen, retail area, 2 wc's
First Floor: 3 rooms, cloak room
Outside: Yard to the rear
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* : £50,000+
- Unconditional Online Auction Sale
Commercial Investment with Potential for Mixed Used Development
Viewing
Paul Fosh Auctions
Office Contact
Debra Bisley
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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