Latest news with #ModernMethodofAuction
Western Telegraph
4 days ago
- Business
- Western Telegraph
Narberth's former library for sale with £120,000 guide price
The former Narberth Library in St James Street, Narberth, has been empty since the town's new library opened last year. Concern was recently raised after the building was broken into and vandalised, with police saying they would be stepping up patrols to protect it from further damage. Originally a Wesleyan church, the single-storey building, declared surplus to requirements by Pembrokeshire County Council, is now on the market with a guide price of £120,000. The sale of the former library offers an 'exciting opportunity', say the agents. (Image: John Francis) It is due to be sold by agents John Francis under the Modern Method of Auction, enabling interested buyers to bid online. The library was temporarily closed by the council for essential building work in November 20222, re-opening almost a year later. Its final chapter came in October 2024 when Narberth's new purpose-built library opened in the redeveloped Old School site at the entrance to the Townsmoor car park. It is operated by the Friends of Narberth Library, in conjunction with Pembrokeshire County Council and Narberth Town Council. The former library is 'a versatile space full of character'. (Image: John Francis) The agents state that the sale of the former library building is 'an exciting opportunity'. They add: "This unique premises offers a versatile space full of character and potential, suitable for a variety of uses (subject to the necessary planning consents). "The premises feature a spacious open-plan studio area, complemented by office space and kitchen facilities, making it ideal for creative, commercial, or community purposes." The building features a porch, reception room/open plan area, inner hallway, kitchen area, office and outbuilding.
South Wales Argus
6 days ago
- Business
- South Wales Argus
Newport commercial property and flat up for auction
The building, located on Albert Avenue, is being sold by Number One Real Estate in Newport via the Modern Method of Auction. The auction is powered by iamsold LTD, with a starting bid of £155,000. The auction is set to end on Wednesday, June 11, at 4pm. The property will only be sold if it meets the reserve price of £170,000, plus a reservation fee. The Modern Method of Auction implies that the buyer and seller must complete the transaction within 56 days, known as the "Reservation Period". Buyers interested in purchasing with a mortgage are advised to thoroughly inspect the property and consult with their lender before placing a bid. The estate agent said: "This property presents a fantastic investment opportunity, offering both a commercial space on the ground floor and a self-contained flat above. "Located in a prime area with excellent foot traffic, this mixed-use building is perfect for those seeking to combine business and residential elements." The ground floor of the property features a bright and spacious shop front with ample display area. It has direct access to a functional kitchen area and a cloakroom, providing convenience for both staff and customers. At the rear of the commercial area, there is access to a ground floor storage room, as well as a basement-level storage area, which could be used for inventory, equipment, or additional business operations. The first-floor apartment is accessible via a separate street entrance, ensuring privacy and independence from the commercial space below. The apartment is well-appointed with one double bedroom, a spacious living area, and a fully equipped kitchen. The bathroom is described as modern and practical, providing comfort for daily living. The property is offered with no onward chain, making it an attractive choice for investors or those looking to secure a combined business and living space in a convenient location. The separate entrance to the flat adds an extra layer of privacy for tenants or owners. The estate agent added: "Whether you're looking to run your business from the ground floor while enjoying the flat above, or rent out both spaces for additional income, this property offers numerous possibilities. "An excellent opportunity to generate a strong return on investment, this property must be viewed to appreciate its full potential." Interested parties should note that a Buyer Information Pack is provided, and the successful buyer will be required to pay £349 including VAT for this pack. The buyer will also need to sign a Reservation Agreement and make a non-refundable payment of a Reservation Fee of 4.50 per cent of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. All services and mains water are connected to the property, and the council tax is listed as Band B. The property's EPC rating is D. For more information or to arrange a viewing, potential buyers are encouraged to contact Number One Real Estate.
Yahoo
12-02-2025
- Business
- Yahoo
Dacre, Son & Hartley launches online auction service for properties
Yorkshire estate agent Dacre, Son & Hartley has launched an online auction service. The firm, which has offices in Bingley, Saltaire, Baildon, and Keighley, has partnered with property auction service provider, iamsold, for the venture. The company's Modern Method of Auction combines the benefits of a traditional auction with the convenience of online bidding, allowing users to browse properties and make offers 24 hours a day, seven days a week. Every auction property being marketed by Dacre, Son & Hartley still benefits from all the firm's marketing collateral, said a spokesperson - meaning they gain exposure across the company's North and West Yorkshire offices, as well as being listed on the firm's website and included in its mailouts to active buyers and investors; properties are also listed on property portals including Rightmove, Zoopla, Primelocation, and OnTheMarket. Patrick McCutcheon, head of residential at Dacre, Son & Hartley, said: "Our new auction service is a way to sell property quickly and securely, to financially committed buyers, which reduces the chance of a sale falling through." For more information about the Modern Method of Auction and the auction properties that Dacre, Son & Hartley is currently marketing, please visit and click 'Online Auctions.'
