34 bedroom semi-detached house for sale

By Formal tender. (See further details below).

This is a unique opportunity to acquire 34 flats (split between two units along the street from each other on Clarence place) with two separate commercial units (One A3 former restaurant). There is also further office/kitchen and dining space to the ground floor of 20/22/24.

The vacant buildings are located on Clarence Place in Newport and just on the outskirts of the city centre and only around 0.25 miles from the recently regenerated Newport Market and Friars Walk. Both properties comprise three former individual buildings that have been combined into two extensive single units and briefly comprise;

20/22/24 Clarence Place - The ground floor comprises various offices, a reception area, modern kitchen and dining area. There is also a former staff bedroom to this floor as well as laundry, disabled and standard WC facilities. Upstairs are a mix of 19 en-suite studio and one bedroom apartments in varying states of repair spread over three floors with some further communal areas. All have a kitchen and bath/shower room. There is also a rear yard which could provide some parking. Please see the full 3D VR tour of this building on our website.

30/32/34 Clarence Place - The ground floor of this property is separated into two commercial units. 30/32 is a large empty commercial unit with a shop front facing Clarence place which could be suitable for a variety of uses, subject to consents. 34 Clarence Place is an A3 unit, formerly operated a popular restaurant, "Curry on the Curve". The three floors above are a mix of 16 en-suite studio and one bedroom apartments in varying states of repair spread over three floors. All have a kitchen and bath/shower room. There is also a rear yard which could provide some parking. Please see the full 3D VR tour of this building once available.

We will be adding further pictures, VR tours, floorplans and drone imagery in the coming days.

The sale process will allow for an 8 week (approx.) period for interested parties to view the property and consider the legal pack which will be available soon through our website. Interested parties are invited to register through our office on[use Contact Agent Button] or [use Contact Agent Button] to be informed of viewing times, the legal pack and any further information as it comes to us such as floorplans.

We will be inviting bids by Formal tender in excess of £750,000 by 5pm on Friday 8th November 2024. The vendors (Pobl Goup Ltd) are also requesting information with the bid on the future plans for the buildings, the history of each buyer or their company and other developments or properties owned and operated by the bidder that may give some context to the bid. Pobl Group Ltd will then make the successful bidder aware of their decision by 5pm on Friday 22nd November.

The sale will be ultimately actioned by an auction style contract with exchange by Friday 29th November and completion in 90 days or earlier by mutual consent. Further details and confirmation of this will be within the legal pack once available.