For Sale By Auction | 12:00, 07 February 2024 | Lot 12

58, High Street, Rhymney NP22 5LP

Sold £92,000

  • Commercial Property
  • Tenure: Freehold

Call the team on 02920 475 184 for more information

Auction Date

Wed 07/02/2024

Auction Time

12:00

Auction Venue

ONLINE

Development Opportunity-Former Bank

Offered for sale is this substantial three storey former bank which has now been vacated. In our opinion, the property would suit conversion to residential subject to all necessary consents or alternatively may suit an existing business user. We are advised that the internal measurement totals 2,365 sqft/219.72 sqm including the basement. The property is located close to the police station and other local retailers within a primarily residential area. Good access is provided to the A465 along with access into the Brecon Beacons National Park.

Tenure

Freehold

Ground Floor

Approximately 1415 sqft/131.40 sqm. Open plan banking Hall and service desk, storage area, separate managers office.

First Floor

Approximately 465 sqft/43.20sqm. Landing, kitchen/staff room, office, male and female toilets.

Lower Ground Floor

Approximately 485 sqft/45.06sqm. Store and bank vaults.

Outside

External area to the rear with pedestrian access.

Tenure

Freehold

Local Authority

Caerphilly County Borough Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 029 2040 4020

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

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

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 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.