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Frogmore Street, Abergavenny NP7 Detached house for sale
36 Frogmore Street, Abergavenny, NP7 5AN
£175,000
36 Frogmore Street, Abergavenny, NP7 5AN
£175,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 28th October 2025 at 04:27 PM with registration through our website
- The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price
- Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction
Description
A freehold investment property in Abergavenny town centre is up for auction on October 28, 2025. The property consists of three retail units, totaling £24,000 per annum in rental income, representing an initial gross yield of 13.7%. The units are located in a former chapel conversion, with a net internal area of approximately 4,287 square feet. The units are let to three tenants, including a mini-market/vape shop, a performing arts academy, and a florist and flower school, with varying lease terms and rent reviews. The property is situated on the A40, within easy reach of the town's prime retail area. The auction will take place online, with a buyer's premium of 1.2% payable on exchange of contracts. The guide price is not disclosed, but the reserve price will be within 10% of the guide price. Viewings are available by appointment with the auctioneers.