Lot 54 - 151 Commercial Road, Newport, NP20 2PJ

  • Unconditional Online Auction Sale
  • Guide Price* : £92,500+

Commercial Unit with Residential Accommodation

Description

ONLINE AUCTION from 27th APRIL-29th APRIL

A three storey, mixed use, mid terrace property located in Commercial Road, Newport. Commercial Street is the main thoroughfare through Pillgwenlly, and is within walking distance of the city centre.

The ground floor benefits from A3 planning and has formerly been used as a takeaway. There is glazed frontage to Commercial Road. Internally there is a serving counter to the front, and a kitchen to the rear. The property also contains a large basement.

The top two storeys consist of a three bed maisonette, with the first floor comprised of a kitchen, living room and dining room. The top floor contains three bedrooms and a bathroom.

We have been advised that some of the gas and water pipes, have been removed from the premises and are therefore not included in the sale.

Accommodation

Lower Ground Floor: Basement
Ground Floor: Retail area (39.42 sqm/424.31 sqft), kitchen (15.04 sqm/161.88 sqft)
First Floor: Living room, dining room, kitchen
Second Floor: 3 bedrooms, bathroom
Outside: In excess of one parking space

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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Sold for £97,500

This auction is now closed.

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Office Contact

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Paul Fosh Auctions, 01633 254 044
01633 254044

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