Lot 73 - 10 Speke Street, Newport, NP19 8EX

  • Unconditional Online Auction Sale
  • Guide Price* : £43,000+

Addendum

This property has been postponed from auction.

Lot 73 - Commercial Property for Investment

Description

ONLINE AUCTION from 26th JULY-28th JULY

Situated in Newport, just off the main area of Maindee. This property is located on a mixed use street with both residential and commercial properties. Within close proximity to Newport City Centre, Newport train station and the M4, this property would make the ideal investment.

A single storey building at approx. 290 sq ft. benefiting from UPVC Double Glazing and a new corrugated roof. The building consists of two rooms and small storeroom with a work surface. Subject to the relevant consents this property may be suitable to office space or storage.

Accommodation

Ground Floor: 2 offices, storeroom
Outside: On street parking

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. 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

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