Lot 23 - Yard at William Street, Blackwood, NP12 1PA
Guide Price* : £90,000+
- Unconditional Online Auction Sale
Lot 23 - Yard with Five Garages and Four Units
Description
ONLINE AUCTION from 26th JULY-28th JULY
Located to the rear of William street in Blackwood this property would make an ideal investment.
Currently comprised of five single garages, four units and a yard. The site is secured by fencing, and benefits from being within close proximity to the M4, Heads of the Valley Road
Fully tenanted on a gentleman’s agreement, achieving 12,000 per annum. Based on our guide price, this site achieves a rental yield of 13.33%
Subject to the relevant consents, the site would be ideal for an investor, tradesman, or light industrial use. There may also be potential for development.
There is no VAT due on this sale.
Tenancies
Tenanted, please see tenancy schedule above.
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* : £90,000+
- Unconditional Online Auction Sale
Lot 23 - Yard with Five Garages and Four Units
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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