£100,000
Est. Mortgage £501 per month*Get Pre-Qualified

Studio flat for sale

Frolic Street, Newtown SY16
studio Flat studio Flat

Property description

Guide Price £100,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction, registration is now open. Bidding opens on 29/10/2025 17:30 and ends on 29/10/2025 20:40.

To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

A SUPERB INVESTMENT OPPORTUNITY. GUIDE PRICE - £100,000 to £120,000 PLUS VAT! Town and Country Property Auctions are pleased to present this two storey commercial premises with parking for several vehicles with two paying tenants in situ. Located close to the town centre, all amenities are easily accessible including shops, schools and public transport. Viewing is recommended to appreciate the size of the property.

Accommodation
The two floors have shared facilities with a single boiler and a single electric supply. Details of the current rents paid are available from our office. Both tenants will remain at the property and notice will not be served by the current owner. Please note that the purchase price will be exclusive of VAT.
GROUND FLOOR
Reception - 4.29 x 3.17m
Office/Reception - 4.60 x 4.29m
Rear Lobby
Kitchen Area
Cloakroom
FIRST FLOOR
Passageway
Room One - 3.28 x 1.89m
Room Two - 3.29 x 3.18m
Lounge/Office - 5.00 x 4.32m

Parking area for 4 - 6 cars

Tenure
Freehold

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.
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Frolic Street, Newtown SY16

Marketed by

Town & Country Property Auctions - North Wales, Mid Wales, Oswestry, Chester Regus House, Herons Way, Chester, Cheshire, CH4 9QR
Call agent on 01244 988286
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Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.

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Frolic Street, Newtown SY16 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Town & Country Property Auctions - North Wales, Mid Wales, Oswestry, Chester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Town & Country Property Auctions - North Wales, Mid Wales, Oswestry, Chester for full details and further information.