Lot 14 - 43/45 Bethcar Street, Ebbw Vale, Gwent, NP23 6HW

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000 plus

Addendum

The plan on the website is incorrect and the title plan indicates a larger overall site area. Please refer to the Legal Pack to confirm the boundaries and site area.

ON BEHALF OF THE LOCAL SHOPPING REIT - Two storey mid terraced retail units, comprising one unit arranged over ground and first floors currently let at £8,500 per annum, together with a vacant ground floor unit.

Description

Two storey mid terraced retail units, comprising one unit arranged over ground and first floors trading as a mobile phone accessory store currently let at £8,500 per annum, together with a vacant ground floor unit.

Location

The property is located within the town centre, fronting Bethcar Street which is the main retail thoroughfare. Access is from the A4046 via Market Street and Ebbw Vale lies approximately halfway between Merthyr Tydfil and Abergavenny approximately 20 miles north of Cardiff. The Ebbw Vale and Brynmawr conurbation has a population of roughly 33,000 and benefits from a location just to the south of the A465 Heads of the Valleys trunk road and it borders the Brecon Beacons National Park.

Tenure

Freehold.

Accommodation

The Vendor has provided the following approximate measurements:
43 Bethcar Street (Ground Floor): 234 sq ft (22 sq m)
45 Bethcar Street (Ground and First Floor): 1,067 sq ft (99 sq m)
Total: 1301 sq ft (121 sq m)

Tenancies

Unit 43: ground floor unit currently vacant (previously let at £4,150 per annum).

Unit 45: ground and first floor let at a passing rent of £8,500 per annum to Mobile Extra Limited with the tent currently holding over.

EPC

Energy Asset Rating for Each Unit is E

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1000 plus VAT payable upon exchange of contracts.

Additional Information

Interested parties should consult direct with the Local Panning Office, Blaenau Gwent County Borough Council, Municipal Offices, Civic Centre, Ebbw Vale
Gwent, NP23 6XB T: 01495 311556

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Office Contact

James Ashworth
0161 710 2010

Important Documents

Agreement Documents

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