In the original advert planning was stated as including a 1 x 3 bedroom apartment. This is incorrect and is 1 x 2 bedroom apartment.
Please refer to legal pack for further information
ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY
A substantial office building with planning for an extension and conversion of existing building to provide 9 self-contained apartments with parking. The property is situated within close proximity to the Civic Centre and approximately a ¼ of a mile from the city centre itself. Newport offers a variety of shopping facilities and amenities, with Friars Walk shopping centre having an array of restaurants and shops, as well as a cinema and Superbowl. The property has easy access to Newport train station and the M4 motorway.
Planning permisson renewed and varied in October 2021 for a period of 5 years (application no - 21/0307) for 6x2 beds and 3 x1 bed apartments. No section 106 contribution is required.
|Floor||Description||Area Sq Ft||Area Sq M|
|Apartment 1||2 bedrooms, 2 bathrooms, terrace||764||71|
|Apartment 2||2 bedrooms, 2 bathrooms, terrace||1,205||112|
|Apartment 3||2 bedrooms, 2 bathrooms, terrace||764||71|
|Apartment 4||2 bedrooms, 2 bathrooms, balcony||764||71|
|Apartment 5||2 bedrooms, 2 bathrooms, duplex||1,210||112|
|Apartment 6||1 bedroom, 1 bathroom||592||55|
|Apartment 7||2 bedrooms, 2 bathrooms||764||71|
|Apartment 8||1 bedroom, 1 bathroom, balcony||600||56|
|Apartment 9||1 bedroom, 1 bathroom, balcony||600||56|
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
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. 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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