Lot 81 - 129 Chepstow Road, Newport, NP19 8EG

  • Unconditional Online Auction Sale
  • Guide Price* : £290,000+

Addendum

This property has been withdrawn from the upcoming auction.

Former Public House, Restaurant & Nightclub

Description

ONLINE AUCTION from 16th MARCH-18th MARCH

This spacious, former public house, restaurant & nightclub is situated on a busy thoroughfare on Chepstow Road and in the centre of Maindee's shopping, dining and entertainment area.

The property is comprised of three storeys. The ground floor consists of a large open plan bar, kitchen and level cellar. The upper levels have previously been used as flats, and have potential for development (subject to the relevant planning consent).

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Bar Area 2,762.23 256.62
Kitchen 123.78 11.5
Storage Room 106.77 9.92
Level Cellar 277.70 25.8
Disabled wc
First Floor 2 Storage Rooms
Male and Female wc
Room 1 196.33 18.24
Room 2 205.69 19.11
Room 3 151.34 14.06
Room 4 143.37 13.32
Kitchen 82.34 7.65
Bathroom 34.76 3.23
Second Floor Former Kitchen 85.89 7.98
Room 1 131.85 12.25
Bathroom 37.67 3.57
Room 2 194.39 18.06
Room 3 188.90 17.55
Room 4 143.37 13.32
Room 5 147.35 13.69
*We have been advised that there are an additional 3 rooms which are not currently accessible*

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 £750) 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. 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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Office Contact

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Paul Fosh Auctions, 01633 254 044
01633 254044

Documents

Legal Documents

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