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No longer on the market

This property is no longer on the market

Residential development

Auction
Residential development
Added > 14 days

Features and description

  • Advised Freehold - to be verified by solicitor
  • To be sold with vacant possession
FOR SALE BY AUCTION - -LOT 37 - Commercial Property with Planning Consent for 12 Flats
ONLINE AUCTION from 13th DECEMBER-15th DECEMBER

A three storey, semi detached building of brick/stone construction with stone/rendered elevations. The property has most recently been used as office space but now benefits from planning consent for twelve flats.

The majority of the property is comprised of open space, and has been stripped back ready for development.

Located on the ground floor of the property is a garage space with inspection pit. The property may therefore be suitable for alternative use (subject to the relevant consents).

Location
Located within walking distance from Newport city centre, and within easy reach of the Friars Walk development and the recently rejuvenated Newport market.

This property is ideally situated within a 10 minute walk from Newport bus station, and a 20 minute walk from Newport train station.

Planning Permission
Planning has been granted for first and second floor rear extension, alterations to front elevation and new roof to create twelve flats. For further information please contact Newport City Council, planning reference 19/0095.

Business Rates
We have been advised that this property is currently exempt from business rates.

VAT
We have been advised that there is no VAT due on the sale of this property.

Accommodation
FloorArea Sq FtArea Sq MGround FloortbcLower Ground Floor/BasementtbcFirst FloortbcSecond Floortbc

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession
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Area statistics

Crime score
High crime
10/10

About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
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