2 bed block of flats for sale

Market Street, Ebbw Vale NP23

**commercial unit - potential planning for 3 residential apartments **

A rare opportunity to acquire this formerly known local bank. The seller has planning permission to convert this commercial unit into 3 residential apartments with commercial space to remain on the ground floor. More information on the planning application can be sought via Blaenau Gwent County Borough Council, planning Ref: C/2019/0020.

Proposition for a great commercial space on prime high street location with use of basement for additional storage and needs. Across the first and second floor, potential for 3 residential apartments - enquire now for more information.

Material information:
The information above has been provided by the vendor, agent and goto Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Local Area

Just a short walk to the town centre and supermarket and a good primary school is just a few minutes away. The A465 is a five minute drive which links to A470, Cardiff city centre and the M4. This dwelling benefits from being within a stone's thrown away of the Steelworks Regeneration site that boasts the local train station with a direct link to Cardiff alongside state-of-the-art leisure, educational and hospital facilities.

General Information

All interested parties will be required to discuss financial pre-qualification with Purplebricks Mortgages, prior to viewings being confirmed.
Purplebricks Land & New Homes Team will arrange such for all interested parties with our specialised and dedicated team within Purplebricks Mortgages.

Specification

This property is offered for sale using the Reservation fee process. Reservation fee is a new, innovative and pioneering process for buying and selling property. It significantly reduces the risk of gazumping or double-selling by offering security to both parties by gaining a commitment from both parties to buy and sell.

When an offer is accepted, the buyer will be required to make payment of a non-refundable Reservation Fee of £2,160 including VAT (in addition to the final negotiated selling price). This will secure the transaction and the property will be taken off the market. The purchaser will not be exchanging contracts but will be given 90 working days in which to complete the transaction, from the date the Draft Contract is received by the buyer’s solicitor (or 10 working days after receipt of the Reservation Fee, whichever is earlier).

The buyer will also be required to pay a legal pack fee of £396 including VAT and to sign the Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Reservation Fee team at goto Group.

Buyer Fees
* The Reservation fee and legal pack fee are in addition to the final negotiated selling price.
* Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Property Ownership Information

Tenure

Freehold

Council Tax Band

A

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.