Retail premises for sale in 37 Beaufort Street, Brynmawr, Blaenau Gwent NP23

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

Venue: Online

Mixed Use Investment

Mixed use investment over three floors located in the town centre of Brynmawr. The current income is £19,200 pa. Please refer to the legal pack for full information on the tenancies. The property comprises of a ground floor retail unit currently being used for storage with 3 flats to the upper floors.

Ground Floor
56.50 sqm (608 sqft) Retail unit with steel roller shutter door. To the rear are store rooms and staff kitchen / WC.

First Floor
To the first floor are two of the three flats. The front flat comprises of entrance, living room, kitchen, bedroom and a bathroom. To the rear is a studio flat with living room / bedroom, shower room and galley kitchen. Both flats are rented at £400 pcm. Please refer to the legal pack for further information.

Second Floor
Accessed via a metal external staircase up to the 2nd floor entrance to the rear of the property. The third flat comprises of entrance, kitchen, living room, bedroom and bathroom.

Council Tax Band A
Viewing
via Auction House Wales on .

EPC Rating: A

Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.

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.