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A substantial freehold building comprising ground floor retail unit/office and three bedroom flat above. The property would be ideal for either buy to let, investor or a person requiring a live overwork unit.
The commercial unit offers scope for a number of uses including office or retail unit as well as potential change of use to A3 (subject to necessary planning consents).
Download the legal documents for this property.
The city of Newport has over the last few years enjoyed an excellent amount of regeneration and investment and is easily accessible for access to the M4 motorway to Cardiff or Bristol.
Ground Floor: Retail unit by roller shutter door, retail/office space, 2 rooms including former kitchen area
First Floor Flat: Ground floor entrance, stairs, landing, lounge, dining room, kitchen, bathroom
Second Floor: 3 bedrooms
Outside: Rear yard
|Tues 03 Mar - Mon 09 Mar - Mon 16 Mar||15.45|
To be sold with vacant possession.
Potential rental income when fully let is £1450 pcm (£17,400 pa).
(3-bed flat at £700 pcm and unit/office at £750 pcm).
For further details, please contact Adrian at Paul Fosh Lettings on 01633 746800 or email@example.com
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £975) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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