Lot 25 Auction

44 Commercial Street, Tredegar, NP22 3DJ View map

Sold STC

Snapshot

FOR SALE BY PUBLIC AUCTION - Freehold shop in a busy location directly opposite the entrance to Gwent shopping centre.


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    Description

      44 Commercial street is conveniently located in the centre of Tredegar and could be suitable for a variety of uses as investment or for owner occupation. The shop frontage has been repaired and new roller shutter doors have also been recently fitted.

      The main shop area extends to approximately 300 sq ft with a further fully tiled kitchen/preparatory area to the rear which also benefits from a 2mx2m walk-in fridge (not tested). The first floor is accessed through the kitchen and has three further rooms and two separate WC’s to the rear of the building. The total internal space extends to approximately 800 sq ft. There is an overgrown garden to the rear with potential for rear access and even off-street parking subject to any necessary consents.

      Commercial Street is the main retail hub for Tredegar together with the shopping centre opposite and has a good range of local and nation operators such as Boots, Greggs and Home Bargains.

    Accommodation

      GF: Main shop area, kitchen/prep area, walk-in fridge

      FF:Three rooms, 2 WC

    Tenure

      Freehold – please refer to legal pack for verification of tenure

    Viewing

      VR tour online and viewing by appointment with Seel and Co (029) 2037 0117

    Additional Fees

      Buyers Premium – 1% with a minimum of £1,000 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion.

      Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

    Further Information

      Auctioneers Office, Seel and Co Ltd (029) 2037 0117

    Auction Details

      FOR SALE BY PUBLIC AUCTION on 5 July 2022 online via the Seel and Co website. Bidding will commence from midday on Monday, 4 July and conclude in order from Lot 1 at 4:00 pm on Tuesday, 5 July 2022

    Virtual Tour

    Need to know

    Please refer to legal pack and auction catalogue prior to bidding.

    Please be aware that you cannot bid without having a deposit.

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