Guide Price £110,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction, registration is now open. Bidding opens on 25/04/2024 10:00 and ends on 25/04/2024 12:05.

REDUCED!!! REDUCED!!! NOW £110,000 GUIDE!!! (Was £130,000)
Auction - 25/4/24
Viewing - 18th April at 2pm to 3pm. Contact us to book your slot.

Fantastic investment opportunity, ground floor shop and seperate 3 bedroom, two floor flat, and garage. Potentially three sources of income!!
We would envisage a combined renatble value of approximately £15-17,000 per year

On one side is a commercial unit with a shop floor with storage, and on the other is a mid-terraced 3-bed house on 3 levels, with an attached garage and parking to the rear, sitting within the heart of the pretty market town of Newcastle Emlyn. The property is Grade II listed and is in need of improvement which is perfect for a new owner to put their own stamp on. Newcastle Emlyn is a historic market town found within the stunningly beautiful Teifi Valley which offers an array of independent shops, restaurants, cafes, pubs, Norman Castle, both primary and secondary schools and many other local amenities. Straddling the Ceredigion and Carmarthenshire border, Newcastle Emlyn provides a perfect base from which to explore the best of both counties and also nearby North Pembrokeshire including the stunning coastlines of Cardigan Bay in West Wales.

The commercial section is accessed via quaint double doors off the pavement into a small porch that leads to the shop floor. This is a useful space for any trade, with 2 display windows on either side, box shelving and a serving counter. The shop leads on through to another room (formerly part of an old cottage and now incorporated into the shop) which offers further display space and has stairs up to the first floor which makes an ideal storage room. (This former cottage has a door out onto Church Lane and offers lots of potential including separating off from the main shop to either create a new living space or another shop unit, subject to planning and listing consents). From behind the till a doorway opens into a hallway, with a door out to a small courtyard where the wall-mounted oil boiler is found, a toilet and a store room. The storeroom/workshop is a useful space with a sink plus drainer and a door into the attached garage. The garage has large double doors and ample space for parking a car. Please note the oil tank is located in the garage and is an old metal-style tank.

Commercial property & 3 bed attached house
Grade II Listed Building (shop and house)
Off road parking
Attached garage
In need of updating
Central town location
Lots of opportunities and options
Walking distance to town amenities
Walking distance to schools
Energy Rating: Exempt

VICTORIA HOUSE:
Entrance Hall
1.58 x 1.13 (max) (5'2" x 3'8" (max))
Inner Hall
1.09 x 5.54 (max - inc stairs) (3'6" x 18'2" (max
Kitchen/Diner
7.20 x 3.25 (max) (23'7" x 10'7" (max))
First floor landing
1.92 x 3.70 (max) (6'3" x 12'1" (max))
Lounge
7.66 x 7.24 (max) (25'1" x 23'9" (max))
Shower Room
3.70 x 1.61 (max) (12'1" x 5'3" (max))
Second floor landing
1.92 x 3.30 (max) (6'3" x 10'9" (max))
Bedroom 1
3.09 x 3.71 (max) (10'1" x 12'2" (max))
Bedroom 2
4.12 x 3.73 (max) (13'6" x 12'2" (max))
Bedroom 3
3.23 x 3.12 (max) (10'7" x 10'2" (max))
Bathroom
3.41 x 1.71 (max) (11'2" x 5'7" (max))
STABLE CORNER/VICTORIA STORES:
Main shop area
7.27 x 2.95 (max) (23'10" x 9'8" (max))
Rear hall
4.19 x 1.12 (max) (13'8" x 3'8" (max))
W/C
1.18 x 0.90 (max) (3'10" x 2'11" (max))
Workshop/Back Room
5.36 x 2.49 (max) (17'7" x 8'2" (max))
Attached Garage
5.74 x 5.70 (max) (18'9" x 18'8" (max))
Sales Area to rear of main shop area:
Cottage (to rear of shop)
6.77 x 2.48 (max) (22'2" x 8'1" (max))
First floor Cottage Storeroom
6.70 x 2.55 (max) (21'11" x 8'4" (max))

UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre-Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.