This property is no longer on the market
Semi detached house
Key information
Property description & features
- Tenure: Freehold
- Advised Freehold - to be verified by solicitor
- To be sold with vacant possession
ONLINE AUCTION from 25th JULY-27th JULY
A semi detached, two storey building previously used as a public house, and most recently used as architects offices, this property would make an ideal investment.
The current owner has had architectural plans drawn for two flats, however they have not yet applied for planning permission. We would anticipate flats in this area achieving approximately £110,000 for a one bedroomed flat, and renting for approximately £725 per month.
The ground floor of the property is briefly comprised of two offices and a WC. On the first floor of the property there are 3 offices, a former bar area and kitchen.
Subject to relevant consents, this property may be suitable as a beauty salon, studio space, or for gym classes. Additionally, there may be scope for further development.
Location
Located in the city of Newport a short walk from the city centre, Newport train station and Newport bus station. This property is situated in a mixed development area with a number of residential and commercial properties within close proximity.
Services
The property benefits from gas, water and electric (not tested).
VAT
We have been advised that VAT is not applicable for this sale.
Business Rates
This property currently has a rateable value of £7,600 and is classified as offices and premises.
AccommodationFloorDescriptionArea Sq FtArea Sq MGround FloorRoom 1120.3411.18WCRoom 2158.8714.76First FloorRoom 3167.9115.6Room 4106.139.86Kitchen28.632.66Former Bar432.3840.17Room 5121.7311.31
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
To be sold with vacant possession
Places of interest
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Property reference 214077. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions - Newport.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on August 15, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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