Industrial for sale in 21-22 Castle Street, Tredegar, Blaenau Gwent NP22

For sale by auction on Wednesday, 11 Sep 2024 at 12:00

Venue: Online

Commercial Investment

Substantial commercial property located in the town centre of Tredegar. The property is currently occupied by Barclays Bank plc on a Fri lease of 20 years from the 10th April 2008 expiring on the 9th April 2028. Please refer to the legal pack for full information on the lease. The current rent payable is £18,100 pa. The bank is located on Castle Street on the corner of Queen Victoria Street in the centre of Tredegar. Approximate floor area - 623 sqm. The property is comletely occupied by the current tenant with possible redevelopment potential availbe in the near future subject to the usual consents.

EPC Rating: D

Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.