Residential Development for sale

68 Clifton Terrace, New Road, Newtown, SY16 1BG

Guide Price* 1 sq. ft. | £110,000

Property Description

Key features

  • Former Registered Care Home
  • Eight Bedroom
  • Two Bathroom
  • Two En-suites
  • Ideal Opportunity For Conversion To Flats

Full description

Tenure: Freehold

TO BE SOLD BY ONLINE AUCTION ending on 19th July at 15:00PM. Starting Bid 110,000. Reservation fee payable by the successful bidder.

Pattinson auction are delighted to offer this eight bedroom commerical listing on Clifton Terrace occupies a very convenient residential location looking out over the cenotaph gardens on the fringe of the town centre. Ideal for the railway station, the property offers a rare opportunity to acquire a large multi roomed property and it is ideal for conversion to flats or a home.

We have been advised that Powys Council offer a redevelopment grant for empty homes - the grant allocation is 15,000 per flat.

Previously a registered care home, it is offered with full vacant possession and early completion.

Please Note: Pattinsons have not inspected this property.

LOCATION
The subject property is located in the heart of Newtown in Wales. It is within walking distance of most of the local amenities including 4 minute walk to the train station and 7 minute walk to the Tesco Supermarket.

Newtown is located 8.8 miles from the English border to the east and just over 40 miles to the west coast of Wales. Welshpool is located 13 miles north east of Newtown with Shrewsbury lying 31 miles North East over the English border.

TENURE
The subject property is described as, 68 Clifton Terrace, New Road, Newtown, SY16 1BG,' it is being offered by way of an unconditional auction Freehold sale and is provided with the Title Number: WA614457. Any interested parties should have their legal advisor check this.

EPC
We await the of copy of the Energy Performance Certificate.

VAT
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction. Interested parties should ensure that they refer to legal information that is provided by the sellers solicitor prior to auction.

RESERVTION FEE 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.

Nearest station

  • Newtown (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Newtown (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2789. 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 Pattinson Estate Agents, Commercial. 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.

*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 2324392.


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