Lot 74 - 35 Malpas Road, Newport, NP20 5PB

  • Unconditional Online Auction Sale
  • Guide Price* : £75,000+
  • Bedrooms: 0

Commercial/Workshop Opportunity

Description

A freehold building comprising of a ground floor shop with further additional storage areas with up and over roller shutter doors providing rear vehicle access.

The property benefits from glazed windows to the front and to the first floor are an additional two rooms which could provide further office space. The property offers scope for a number of uses including office or retail as well as potential change of use to A3 (subject to necessary planning consents).

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.

VIEWINGS
Due to easing of travel restrictions by the Welsh Government, we are now carrying out viewings on this property. To book onto a scheduled viewing, please email info@paulfoshauctions.com or call 01633 254 044.

Accommodation

Ground Floor: Retail/office space, wc, storage area
First Floor: 2 rooms
Outside: Rear parking for approx. 1-2 cars

Tenancies

To be sold with vacant possession

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

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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01633 254044

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