No longer on the market
This property is no longer on the market
MapRetail property (high street)
Auction
Sold STC
Retail property (high street)
Features and description
- Long leasehold interest - 999 years from 29th September 2004
- To be sold with vacant possession
FOR SALE BY AUCTION - -Lot 31 - City Centre Retail Unit
ONLINE AUCTION from 24th JUNE-26th JUNE
A mid terrace commercial building situated in a prime location on Commercial Street in the centre of Newport. The property occupies a prime position in the pedestrianised main retailing area. There are a number of independent and National retailers within close proximity including Sports Direct, Card Factory and The Works.
The property comprises a ground floor retail unit with a store room to the rear, first floor storage and significant basement accommodation. The accommodation totals approximately 4753 sq.ft.
The basement and ground floor could be split into two, using the entrance on the left hand side, so allowing two separate entrances into the shop and basement (subject to the necessary planning permissions).
The property is being sold with vacant possession but has previously been let to the jewellers H. Samuel.
Location
The property also benefits from being located within close proximity to Friars Walk shopping centre and Newport railway station.
Business Rates
VAT
Please note: The internal photo's are from a previous sale from 2021. We have been advised that there have been no changes.
AccommodationFloorDescriptionArea Sq FtArea Sq MGround FloorRetail unit with a store room to the rear1,345124.93First FloorStorage and significant basement accommodation13612.68BasementStorage space3,272303.97Total4,753441.58
Tenure:
Long leasehold interest - 999 years from 29th September 2004
Tenancies:
To be sold with vacant possession
ONLINE AUCTION from 24th JUNE-26th JUNE
A mid terrace commercial building situated in a prime location on Commercial Street in the centre of Newport. The property occupies a prime position in the pedestrianised main retailing area. There are a number of independent and National retailers within close proximity including Sports Direct, Card Factory and The Works.
The property comprises a ground floor retail unit with a store room to the rear, first floor storage and significant basement accommodation. The accommodation totals approximately 4753 sq.ft.
The basement and ground floor could be split into two, using the entrance on the left hand side, so allowing two separate entrances into the shop and basement (subject to the necessary planning permissions).
The property is being sold with vacant possession but has previously been let to the jewellers H. Samuel.
Location
The property also benefits from being located within close proximity to Friars Walk shopping centre and Newport railway station.
Business Rates
VAT
Please note: The internal photo's are from a previous sale from 2021. We have been advised that there have been no changes.
AccommodationFloorDescriptionArea Sq FtArea Sq MGround FloorRetail unit with a store room to the rear1,345124.93First FloorStorage and significant basement accommodation13612.68BasementStorage space3,272303.97Total4,753441.58
Tenure:
Long leasehold interest - 999 years from 29th September 2004
Tenancies:
To be sold with vacant possession
About this agent
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.