Lot 62 - Land at Citation House, William Brown Close, Llantarnam Industrial Park, Cwmbran, NP44 3AB
Lot 62 - Land at Citation House, William Brown Close, Llantarnam Industrial Park, Cwmbran, NP44 3AB
Addendum
This property has sold prior to auction
Guide Price* : £69,000+
- Unconditional Online Auction Sale
LOT 62 - Development Land
Description
ONLINE AUCTION from 17th MAY-19th MAY
Located on the established and popular Llantarnam Park in Cwmbran, this site comprises 0.61 acres/0.26 hectares of level, bare land rectangular in shape, laid to tarmac and enclosed by a perimeter of trees with access to the south.
Llantarnam Park provides a combination of office and industrial users and is 1.5 miles from the town centre and 3.5 miles to the north of junctions 25a and 26 of the M4, providing easy access into Cardiff (17 miles) and Bristol (32 miles). Newport city centre is approximately 4.5 miles to the south and accessed via the A4042 dual carriageway.
We have been informed that the site has detailed planning permission for approximately 12,500 sq.ft of office accommodation with up to 45 car parking spaces. The site was to be know as Citation House. For further information please see Torfaen Council planning reference 03/P/09174 for further information
We are advised that all main services are connected to the premises (untested)
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* : £69,000+
- Unconditional Online Auction Sale
LOT 62 - Development Land
Viewing
Open for inspection
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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