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No longer on the market

This property is no longer on the market

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Mixed use

Auction
Mixed use
Added > 14 days

Features and description

  • By order of the Trustee in Bankruptcy
  • Freehold retail and residential investment
  • Prominent location
  • Producing £15,900 per annum
  • Online Auction on Thursday, 15 December 2022

A two storey building of traditional construction beneath a pitched roof forming part of an established retail and residential parade. The building is arranged as a ground floor retail unit let to One Touch Health & Beauty producing £7,500 per annum. The first floor provides a two bedroom flat, let on an AST, producing £8,400 per annum. Externally there is a rear yard / garden area.


Location:

Caerleon is a town in Newport, Wales. Situated on the River Usk, it lies 5 miles north-east of Newport city centre and 5.5 miles south-east of Cwmbran. It is accessed via the A449 and A4042, both interconnecting with the M4 motorway. Newport railway station lies about 1 mile to the south-west.

Caerleon Road connects Caerleon with Newport city centre, with the property being situated within an established retail and residential parade on the north side of the road near its junction with Duckpool Road. Nearby occupiers form a combination of national and local occupiers including Boots, Greggs, Subway and Archway Court Nursery.


Online Auction on Thursday, 15 December 2022. For further information, such as legal documents and property information, please visit bidx1.com.
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Area statistics

Crime score
High crime
10/10

About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
Full profileProperty listings
BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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