Lot 38 - The Courtybella Club, 50 Cardiff Road, Newport, NP20 2ED

  • Unconditional Online Auction Sale
  • Guide Price* : £290,000+
  • Bedrooms: 2

Commercial Development

Description

ONLINE AUCTION from 8th JUNE - 10th JUNE

A substantial freehold property located in Newport. The property benefits from being located within walking distance to the city centre, Newport train station and a number of bus routes. There is also easy access to the M4, which provides access to Cardiff (approximately 12 miles) and Bristol (approximately 30 miles).

The property is a vacant former sports and social club. The ground floor consists of a snooker room, bar area, office and skittles alley, male and female wcs. The first floor was previously used as a two bedroom self-contained flat. There is a courtyard to the rear and parking for approximately 12 cars.

Being located within close proximity to both residential and commercial developments, this property lends itself to a number of uses. We have been advised that subject to the relevant planning consents this could include residential accommodation, as the Royal Gwent Hospital is nearby this would be a prime location for rental accommodation.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Snooker Room 1,630.40 151.47
Bar Area 1,030.75 95.76
Office 113.34 10.53
Skittle Alley 1,537.08 142.8
Male wc 278.03 25.83
Female wc 148.11 13.76
Total 4,737.71 (min) 440.15 (min)
First Floor Bedroom 1 463.60 43.07
Bedroom 2
Kitchen 88.37 8.21
Dining Room 72.33 6.72
WC
Bathroom 53.17 4.94
Living Room 211.08 19.61
Total 888.56 (min) 82.55 (min)
Outside Courtyard to the rear, parking for approximately 12 cars to the front

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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Paul Fosh Auctions
01633 254044

Office Contact

Debra Bisley

Documents

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