Central Buildings, 8, Oakdale, Blackwood, Gwent, NP12 0JU
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Description
Guide Price: £139,000+
INVESTMENT OPPORTUNITY
Offered for sale by auction, this superb mixed-use investment property in the sought-after location of Oakdale, near Blackwood, presents an excellent opportunity for investors. The property consists of a ground floor commercial unit, a spacious first-floor apartment, and a large garage unit to the rear, all of which are currently fully let.
The commercial unit is occupied by a well-established bakery chain that wishes to remain in place, providing a secure rental income of £500 per calendar month (£6,000 per annum). The first-floor apartment is a generously sized two-bedroom property benefiting from gas central heating, double glazing, and a small garden area. It achieves a rental income of £700 per calendar month (£8,400 per annum). The garage unit to the rear is also let, generating an additional £60 per calendar month (£720 per annum). All lets are professionally managed by Sage & Co Lettings, ensuring a hassle-free investment.
Situated in a thriving area with strong demand from both commercial and residential tenants, this property offers a fantastic income-generating opportunity. Whether expanding an existing portfolio or seeking a high-yield investment, this fully occupied property is not to be missed.
Accommodation
Ground Floor - Commercial unit currently occupied by well-established bakery
First Floor - Entrance porch, kitchen, bathroom, living room, 2-bedrooms
Outside - Garage unit to rear, courtyard area
Tenancy Details
To be sold subject to tenancies:
- Ground Floor: Currently let at £500 per calendar month (£6,000 per annum)
- First Floor Flat: Currently let at £700 per calendar Month (£8,400 per annum)
- Garage Unit: £60 per calendar month (£720 per annum)
Tenure
Tenure is advised as Freehold
Applicable Fees Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 0.01 inc. VAT of the final sale price (subject to a minimum of 995.00 inc. VAT).
Brochures
Legal DocumentsOnline BiddingEnergy Performance Certificates
EPC 1EPC 2Central Buildings, 8, Oakdale, Blackwood, Gwent, NP12 0JU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newbridge Station1.8 miles
- Gilfach Fargoed Station2.1 miles
- Pengam Station2.3 miles
Notes
Disclaimer - Property reference 287925. 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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