For Sale By Auction | 19:00, 04 April 2019 | Lot 4

66B Newport Road, Caldicot, Monmouthshire, NP26 4BR

*Guide | £75,000 + (plus fees)

  • Office
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Thu 04/04/2019

Auction Time

19:00

Auction Venue

Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

Investment Opportunity

Investment opportunity on Newport Road in Caldicot. The Property comprises an end of terrace first floor office occupied by the ‘The Secretary of State for Housing Communities and Local Government’. Pertinent points from the lease: Term: 10 years from 1 April 2018 Rent: Year 1 – £9,500 p.a.x Year 2 – £9,625 p.a.x Year 3 – £9,750 p.a.x Year 4 – £10,500 p.a.x Year 5 – £10,500 p.a.x Rent Review: 01/04/2023 Break Clause: 01/04/2023

Tenure

See Legal Pack

Viewing Schedule

Viewings are not available for this property.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Monmouthshire County Council

Solicitors

Layzells, 255 Muswell Hill, Broadway Muswell Hill, London, N10 1DG, Tel: 02084440202

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.