MapRetail property (high street)
Auction
Retail property (high street)
Features and description
- Tenure: Freehold
- Advised Freehold to be verified by solicitor
- To be sold with vacant possession
FOR SALE BY AUCTION - -Lot 64 - Commercial Property with Potential
ONLINE AUCTION from 27th AUGUST-29th AUGUST
A two storey premises, comprising of two commercial units.
Unit 1 is comprised of a high street fronting retail unit to the ground floor and kitchen, WC and two ancillary rooms to the lower ground floor.
Unit 2 is accessed via Rees Street and comprises of ancillary room and WC to the ground floor, and kitchen, WC and ancillary room to the first floor.
Both properties have electric roller shutter doors.
Previously leased as two units and achieving a rental income of approx. £10,000 pa in total.
Subject to the relevant consents, this property may lend itself to conversion into residential accommodation, alternatively, subject to change of use the property may be suitable for use as a dog groomers, take away or retail unit.
Location
Situated on the main high street through the town of Ebbw Vale. This property occupies a prominent corner position, which attracts plenty of footfall and is located within close proximity to local and national retailers. Additionally situated within close proximity to the train station, local bus routes and car parks. There is also on street parking to the front of the property, and three private parking spaces to the rear.
Services
The property benefits from gas, water and electric (not tested).
Business Rates
The property is exempt.
VAT
Vendor has advised that there is no VAT due on the sale of this property (to be confirmed by a solicitor).
AccommodationFloorDescriptionArea Sq FtArea Sq MUnit 1 - Ground FloorRetail Area314.6329.23Lower Ground FloorRoom 1109.2510.15Room 2135.6212.6Kitchen70.076.51WCUnit 2 - Ground FloorRoom 167.496.27WC27.122.52First FloorRoom 1310.8628.88Kitchen71.796.67WC20.341.89OutsideApprox. 3 Parking Spaces to Rear
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
To be sold with vacant possession
ONLINE AUCTION from 27th AUGUST-29th AUGUST
A two storey premises, comprising of two commercial units.
Unit 1 is comprised of a high street fronting retail unit to the ground floor and kitchen, WC and two ancillary rooms to the lower ground floor.
Unit 2 is accessed via Rees Street and comprises of ancillary room and WC to the ground floor, and kitchen, WC and ancillary room to the first floor.
Both properties have electric roller shutter doors.
Previously leased as two units and achieving a rental income of approx. £10,000 pa in total.
Subject to the relevant consents, this property may lend itself to conversion into residential accommodation, alternatively, subject to change of use the property may be suitable for use as a dog groomers, take away or retail unit.
Location
Situated on the main high street through the town of Ebbw Vale. This property occupies a prominent corner position, which attracts plenty of footfall and is located within close proximity to local and national retailers. Additionally situated within close proximity to the train station, local bus routes and car parks. There is also on street parking to the front of the property, and three private parking spaces to the rear.
Services
The property benefits from gas, water and electric (not tested).
Business Rates
The property is exempt.
VAT
Vendor has advised that there is no VAT due on the sale of this property (to be confirmed by a solicitor).
AccommodationFloorDescriptionArea Sq FtArea Sq MUnit 1 - Ground FloorRetail Area314.6329.23Lower Ground FloorRoom 1109.2510.15Room 2135.6212.6Kitchen70.076.51WCUnit 2 - Ground FloorRoom 167.496.27WC27.122.52First FloorRoom 1310.8628.88Kitchen71.796.67WC20.341.89OutsideApprox. 3 Parking Spaces to Rear
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
To be sold with vacant possession
About this agent
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.