Lot 1 - 11 & 11A Newbridge Road, Pontllanfraith, Blackwood, Gwent, NP12 2LB
- Unconditional Online Auction Sale
- Guide Price* : £92,000+
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
MIXED USE PROPERTY FOR INVESTMENT
Description
We are pleased to present this versatile mixed-use property, ideally located on Newbridge Road, Pontllanfraith. The building comprises a well-presented ground floor commercial unit and a spacious two-bedroom maisonette above, offering excellent potential for investors or owner-occupiers.
The ground floor has most recently been in use as a hairdressing salon and will be sold with vacant possession. It is in good overall condition and includes the pictured salon equipment, making it ready for immediate use or repurposing to suit a variety of businesses (subject to any necessary change of use permissions).
To the rear of the building is private access to the maisonette, which provides generous accommodation across two floors. The ground floor includes a kitchen, bathroom and WC, while the first floor offers a large living/dining room and two well-proportioned bedrooms. The residence does require renovation but represents a fantastic opportunity to add value and create a comfortable home, whether for rental or owner occupation.
Externally, there is a level rear garden which can be enjoyed by future occupants, as well as a garage structure that offers potential for renovation or could be removed to provide off-road parking.
The property is set within a mainly residential area but is surrounded by a range of commercial outlets. It benefits from excellent road links to Blackwood and Newbridge, while public transport is easily accessible with regular bus services running along Newbridge Road and Newbridge Railway Station only a short distance away, providing connections to Ebbw Vale, Newport and Cardiff.
This is an excellent opportunity for investors seeking a high-yielding mixed-use property, or for business owners looking for the convenience of living above their own commercial premises.
Accommodation
Ground Floor (Commercial) - Large Main Retail Area, Room 2, WC
Ground Floor (Residential) - Kitchen, WC, Bathroom
First Floor (Residential) - Landing, Living/Dining Room, Bedroom 1, Bedroom 2
Outside (Rear) - Level garden area, Garage structure
Tenancy Details
To be sold with vacant possession
Tenure
Tenure is advised as Freehold
Auction Fees And Additional Costs
The purchaser will be charged a buyers premium of 1.20% of the sale price with a minimum fee of £995 inc. VAT
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty. Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
Loading the bidding panel...
Agreement Documents
Legal Documents
Log in to view legal documentsAdditional Documents
Related Documents
Make an Enquiry
Submit an enquiry and someone will be in contact shortly.
Share
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.