Office for saleQueens School House School Lane, Baneswell, Newport, NP20 1LE
Guide Price* 75 sq. m. | £80,000
- 813 sq ft (75 sq m)
- Commerical Block
- Freehold Property
- Ground Floor & First Floor Offices
- Shower & Toilet Facilities
- Large Enclosed Courtyard
FOR SALE BY UNCONDITION AUCTION, STARTING BID £80,000
Pattinsons are delighted to offer this commercial office block with three offices & bathroom with shower on the first floor and two offices with male and female toilets on the ground floor with a large enclosed courtyard.
Please Note: Pattinsons have not inspected this property.
The subject property is located within an established residential and commercial location with School Lane, Newport. The area is well established and access is available to a reasonable level of services and facilities within the surrounding area.
The subject property is two storey end terrace office block of traditional brick construction.
The adopted rateable value: £7,400 as effective from 01 APRIL 2010. Source: www.voa.gov.uk.
UNCONDITIONAL BUYERS PREMIUM AUCTION INFORMATION: The subject property/site is sold under the buyer premium section of the auction; this means a successful buyer shall pay a premium of 5% against the final agreed purchase price plus VAT, subject to a minimum fee of 5,000 Pounds plus VAT, to Keith Pattinson Ltd on acceptance of an offer. THIS FEE IS NON REFUNDABLE. This commercial property/site is also unconditional; this means that a successful bidder upon acceptance of an offer must pay the buyer premium plus VAT to Keith Pattinson Ltd, and is also required to exchange contracts on the day together with the submission of a 5% deposit against the purchase price. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. This means any interested parties wishing to make an offer on a property/site must be in funds for both the buyer premium and the deposit, both to be placed with and held by Keith Pattinson Ltd.
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*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.
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 Pattinson Estate Agents, Commercial on 0191 4251507.
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