Lot 55 - The Alexandra Inn, 89 Commercial Road, Newport, NP20 2GX

  • Unconditional Online Auction Sale
  • Guide Price* : £175,000+
  • Bedrooms: 0

Addendum

This property has been withdrawn from auction.

Commercial Opportunity

Description

ONLINE AUCTION from 8th JUNE-10th JUNE

A substantial freehold building which was formerly a public house. The property offers generous accommodation over four floors and would be good for a number of uses such as conversion to flats, HMO or part commercial/part residential (subject to necessary planning consents).

The property is situated in the historic area of Pill which offers easy access to Newport city centre and the M4 motorway. The building retains many character features both internally and externally and is in surprisingly good condition with UPVC double glazing.

Accommodation

Ground Floor: Former bar area, former games room, wc
First Floor: 2 rooms, kitchen, 2 wcs
Second Floor: 3 rooms
Third Floor: 2 rooms, wc, bathroom

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.

Loading the bidding panel...

Viewing

Paul Fosh Auctions
01633 254044

Office Contact

Documents

Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

Share