Three Commercial Premises on Gerona Street - Vigo

Three Commercial Premises in Vigo

LOCATION: Gerona Street No. 6, door 3-4-5, in Vigo, Pontevedra

SALE TYPE: Insolvency Proceedings

SALE MODALITY: AUCTION WITH A RESERVE PRICE.

The three properties total 347 m².

DESCRIPTION OF PROPERTY 1:
Nature: Urban – Commercial premises
Number under the horizontal property regime: 21
Address: Gerona Street No. 6, ground floor, doors 4-5 (Vigo)
Built area: 114 m²
Additional description: Commercial premises located on the ground floor, identified in the internal regime with number 4-5. The building is located at the junction of Gerona Street No. 6 and 8, Pintor Laxeiro Street No. 9, and Otero Pedrayo Street No. 5.

DESCRIPTION OF PROPERTY 2:
Nature: Commercial premises
Internal regime number: 23
Address: Gerona Street No. 6, ground floor (Vigo)
Built area: Approximately 42.50 m²
Additional description: Premises located on the ground floor of the building marked with number 6 on Gerona Street, with references also to Pintor Laxeiro and Otero Pedrayo streets.

DESCRIPTION OF PROPERTY 3:
Nature: Commercial premises
Internal regime number: 20
Address: Gerona Street No. 6, ground floor (Vigo)
Built area: Approximately 190.50 m²
Additional description: Commercial premises located on the ground floor, identified with number 20 in the internal regime. The building has facades on Gerona Street No. 6 and 8, Pintor Laxeiro Street No. 9 and Otero Pedrayo Street No. 5. It has direct access from Pintor Laxeiro Street. FEATURES:

Ownership: 100% ownership is transferred
Possession status: Free of occupants
Viewings: Can be visited

LAND REGISTRY – CADASTRAL DETAILS PROPERTY 1:
Property No. 73899 Land Registry No. 5 of Vigo
Cadastral Reference: 2346403NG2724N0021MA

LAND REGISTRY – CADASTRAL DETAILS PROPERTY 2:
Property No.: 73901 Land Registry No. 5 of Vigo
Cadastral Reference: 2346403NG2724N0023WD

LAND REGISTRY – CADASTRAL DETAILS PROPERTY 3:
Property No.: 73898 Land Registry No. 5 of Vigo
Cadastral Reference: 2346403 NG2724N 0020 XP

OUTSTANDING DEBTS
Property Tax (IBI): Attached 
Homeowners' association: Data requested

IMPORTANT: This property is mortgaged as security for third-party rights and will be awarded with this encumbrance remaining in force. The successful bidder/buyer will withhold the portion of the price corresponding to the security.
If the beneficiary of the mortgage security is the successful bidder, they will only have to pay the excess of the award price over the amount of the security, which will be extinguished by merger of rights.
It is estimated that the encumbrance is around €327,000.00

For more information and additional documentation, please consult the annexes.