Govilon Yard, Govilon Wharf, Govilon, Abergavenny, Monmouthshire, NP7 9NY

Interested parties should contact Knight Frank Auctions for further information.

Description
On the instructions of a Charity.

The subject comprises a self-contained secure and gated yard on a site area of approximately 0.24 acres. It benefits from road frontage and vehicular access.

Included, and to the south-west of the site is a small office building and three parking spaces.

Tenancy
The yard is vacant.
The small office building (and parking spaces) is subject to a Tenancy at Will. Let to the Brecon Beacons National Authority, producing £2,100 per annum.
Refer to the legal pack for further information.

Map (as per particulars)
Red: Sale boundary
Orange: Right of access
Green: Small office building
Black: Parking spaces (office)

VAT
VAT is applicable

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Location
The site is situated in East Govilon, just north of the Monmouthshire and Brecon Canal, and off of the B4246 near its junction with School Lane.

Occupancy
Vacant

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.