Lot 23 - 30 Newport Road, Caldicot, Gwent, NP26 4BQ
Lot 23 - 30 Newport Road, Caldicot, Gwent, NP26 4BQ
Guide Price* : £70,000+
- Unconditional Online Auction Sale
- 0 Bedrooms
- |
- 1 Bathroom
Lot 23 - Vacant Commercial Retail Opportunity
Description
ONLINE AUCTION from 1st September-3rd September
A single-storey commercial retail property situated in a prominent position within Caldicot town centre, close to the main shopping area and a range of established local businesses and amenities.
The property comprises a prominent, long retail unit, together with a kitchen, WC facilities and rear door access. The accommodation is in need of a programme of refurbishment and modernisation, providing an opportunity for an investor or owner-occupier to improve and add value.
Following refurbishment, we consider the property could potentially achieve a rental income in the region of £8,000–£10,000 per annum, subject to specification, lease terms and market conditions.
The property provides an attractive opportunity for investment, letting or owner occupation within an established town-centre location.
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* : £70,000+
- Unconditional Online Auction Sale
- 0 Bedrooms
- |
- 1 Bathroom
Lot 23 - Vacant Commercial Retail Opportunity
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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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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