Lot 17 - The Former Angel, 39 West Street, Newport, NP20 4DD

  • Unconditional Online Auction Sale
  • Guide Price* : £145,000+
  • Bedrooms: 0

LOT 17 - Public House with Approved Planning in Principle for Four Flats

Description

ONLINE AUCTION from 21st JUNE-23rd JUNE

Located in the Newport city centre, within walking distance to Newport train station and local bus routes, this property would make an ideal investment.

Previously a public house, this property has recently been granted planning in principle for four flats.

The planning application is comprised of two one bedroom flats, one two bedroom flat, and a studio apartment. However, there may be potential for the studio apartment to be a one bedroom flat, (subject to the relevant planning consent).

Further information can be found via Newport City Council – planning reference: PRELET/PS/22/0074

Additionally, there is scope for the property to remain as a commercial building. Subject to the relevant planning permission this property could provide opportunity for a restaurant, public house or retail unit.

Accommodation

Ground Floor: Bar, lounge, female wc, male wc
Lower Ground Floor: Basement
First Floor: Kitchen/living room, 5 rooms, bathroom
Second Floor: Converted attic room

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 1.5% of the purchase price (subject to a minimum of £1,500) 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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Bidding History 44 Bids

User Amount Date
Bidder 5 £181,000 23/06/22 17:31:29
Bidder 4 £180,000 23/06/22 17:31:06
Bidder 5 £179,000 23/06/22 17:30:56
Bidder 4 23/06/22 17:30:56
Bidder 5 £178,000 23/06/22 17:30:53
Bidder 4 23/06/22 17:30:53
Bidder 5 £176,000 23/06/22 17:30:46
Bidder 4 23/06/22 17:30:46
Bidder 5 £174,000 23/06/22 17:30:41
Bidder 4 £173,000 23/06/22 17:30:17
Bidder 5 £172,000 23/06/22 17:30:07
Bidder 4 23/06/22 17:30:07
Bidder 5 £170,000 23/06/22 17:29:45
Bidder 4 £169,000 23/06/22 17:29:40
Bidder 5 £168,000 23/06/22 17:29:37
Bidder 4 23/06/22 17:29:37
Bidder 5 £167,000 23/06/22 17:29:34
Bidder 4 £166,000 23/06/22 17:29:33
Bidder 5 £165,000 23/06/22 17:29:26
Bidder 4 23/06/22 17:29:26
Bidder 5 £164,000 23/06/22 17:29:23
Bidder 4 £163,000 23/06/22 17:29:18
Bidder 5 £162,000 23/06/22 17:29:14
Bidder 4 23/06/22 17:29:14
Bidder 5 £160,000 23/06/22 17:29:03
Bidder 4 £159,000 23/06/22 17:28:59
Bidder 5 £158,000 23/06/22 17:28:57
Bidder 4 £157,000 23/06/22 17:28:55
Bidder 5 £156,000 23/06/22 17:28:53
Bidder 4 23/06/22 17:28:53
Bidder 5 £154,000 23/06/22 17:28:50
Bidder 4 £153,000 23/06/22 17:28:40
Bidder 5 £152,000 23/06/22 17:28:32
Bidder 4 23/06/22 17:28:32
Bidder 5 £151,000 23/06/22 17:28:18
Bidder 4 £150,000 23/06/22 17:24:33
Bidder 2 £148,000 23/06/22 17:14:30
Bidder 4 £146,000 23/06/22 17:12:14
Bidder 2 £144,000 23/06/22 17:08:34
Bidder 1 £142,000 23/06/22 17:04:58
Bidder 3 £140,000 23/06/22 16:50:51
Bidder 1 £137,000 23/06/22 16:18:10
Bidder 2 £134,000 22/06/22 15:38:26
Bidder 1 £131,000 22/06/22 15:20:44

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If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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