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COMMERCIAL

26 A, B, C Castle Street, Tredegar, Gwent, NP22 3DG

Guide Price
£129,000
Sage & Co Auctions, Cwmbran
PROPERTY TYPE

Mixed Use

BEDROOMS

2

SIZE

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Key features

  • Commercial/Residential Investment Opportunity

Description

For sale by online, unconditional auction on 13/04/2023 19:15

Guide Price: £129,000+

Commercial/Residential Investment Opportunity

An opportunity to purchase a mixed use building in the heart of Tredegar's main shopping area. The property is arranged as two ground-floor shop units and a flat to the first floor. The shops are in good order with one currently trading as a barber and the other currently vacant but available to let, immediately. The flat on the first floor is generous in size but does require full renovation. It does offer potential to create an additional room, with potential to make it a three bedroom flat.

Tredegar see's consistent levels of footfall throughout the year and benefits from a mix of national and local retailers, with a selection of parking options.

The property would be ideal for investment with three potential incomes, ensuring a strong yield is achievable on the property. The property has recently had a new roof, fascias and guttering installed.

Accommodation
Ground Floor: Unit A - Shop front, WC, storage area
Unit B - Shop front, WC, kitchenette area
Flat - entrance
First Floor: Flat - Landing, living room, kitchen, bathroom area, two bedrooms

Tenancy Details
Unit A - to be sold with vacant possession
Unit B - Let on an assured shorthold tenancy agreement at £541 Per Calendar Month

Tenure
Tenure has been advised Freehold - To be verified by a solicitor

Applicable Fees
Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.1% of the final sale price (subject to a minimum of £795).

Brochures

Legal DocumentsOnline Bidding

26 A, B, C Castle Street, Tredegar, Gwent, NP22 3DG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ebbw Vale Town Station1.9 miles
  • Rhymney Station2.1 miles
  • Pontlottyn Station2.3 miles

About the agent

Sage & Co Auctions, Cwmbran

Lakeside House lakeside Ct Cwmbran NP44 3GA

Sage & Co Auctions, Cwmbran

Sage & Co Auctions is a new, innovative and pioneering platform for buying and selling property.

It provides all the benefits synonymous with traditional auctions, including speed and certainty of sale, transparency and zero risk of gazumping or double-selling, but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone.

Here at Sage & Co Auctions, we are a modern auction house with traditional val

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Notes

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Disclaimer - Property reference 202841. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sage & Co Auctions, Cwmbran. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Sage & Co Auctions, Cwmbran on 01633 603899.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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