No longer on the market
This property is no longer on the market
Floorplan
MapCommercial development
Auction
Sold STC
Commercial development
Features and description
- Advised Leasehold we are offering approximately 24 years of an original 99 year lease with a peppercorn ground rent of £1,300 pa. All enquiries should be made with the local authority.
- To be sold with vacant possession
FOR SALE BY AUCTION - -Lot 66 - Large Fully Refurbished Commercial Premises
ONLINE AUCTION from 7th OCTOBER-9th OCTOBER
An opportunity to acquire a 24 year lease remaining on a substantial period five storey commercial building situated in the heart of Newport city centre. The property previously traded as a well established local jewellers but would be ideal for a number of uses other than the current A2 retail use.
There are also a number of national restaurant chains and retailers confirmed as occupants. The property would be ideal for persons looking for substantial premises for their own business or potentially for an investor looking for a commercial property that may offer scope for rents estimated in the region of £15,000-£18,000 for the full building. The property is alarmed and has an external shutter system with CCTV.
VIRTUAL TOUR
Ground Floor: Retail sales area, office. At the rear of the ground floor is a staircase leading to the basement area
First Floor: 2 office space
Second Floor: Open plan kitchen area with office
Third Floor: Office/storage space, 2 interconnecting rooms
Fourth Floor: WC, storage room
Tenure:
Advised Leasehold we are offering approximately 24 years of an original 99 year lease with a peppercorn ground rent of £1,300 pa. All enquiries should be made with the local authority.
Tenancies:
To be sold with vacant possession
ONLINE AUCTION from 7th OCTOBER-9th OCTOBER
An opportunity to acquire a 24 year lease remaining on a substantial period five storey commercial building situated in the heart of Newport city centre. The property previously traded as a well established local jewellers but would be ideal for a number of uses other than the current A2 retail use.
There are also a number of national restaurant chains and retailers confirmed as occupants. The property would be ideal for persons looking for substantial premises for their own business or potentially for an investor looking for a commercial property that may offer scope for rents estimated in the region of £15,000-£18,000 for the full building. The property is alarmed and has an external shutter system with CCTV.
VIRTUAL TOUR
Ground Floor: Retail sales area, office. At the rear of the ground floor is a staircase leading to the basement area
First Floor: 2 office space
Second Floor: Open plan kitchen area with office
Third Floor: Office/storage space, 2 interconnecting rooms
Fourth Floor: WC, storage room
Tenure:
Advised Leasehold we are offering approximately 24 years of an original 99 year lease with a peppercorn ground rent of £1,300 pa. All enquiries should be made with the local authority.
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.