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Landmark town centre building from St James Square
View from Pyle Street of additional accommodation
Popular
Total views:  2500+
Guide price
£470,000

2 bedroom property for sale

1-3 St James, 113-113A Pyle St, 24-24A St James Sq, Newport, IOW
Auction
Property
2 beds
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 900Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • For Sale by Online Auction
  • Auction Date : 30 October 2025
  • Lot Number : 28
  • Mixed Residential And Commercial Investment
  • Mixed Commercial/Residential
  • Freehold
  • *Guide Price : £470,000 - £490,000 Fees
Situated in a landmark location on the busy crossroads in central Newport, this attractive freehold corner building has undergone a programme of upgrading and refurbishment in recent years.

The accommodation includes four retail units on the ground floor, all of which are let, while on the upper floors there are three residential units, again all of which are let and producing a very healthy income. The property is considered ideal for addition to an income-producing property portfolio.

Commercial
Ground Floor
24a St James
A lock-up shop unit currently trading as a food outlet and let under the terms of a commercial lease at an annual rental of £6,000.

EPC Rating
C (65). Total Floor Area 7 sq.m.

24 St James
Ground Floor
Double fronted retail unit currently trading as a jewellers and let under the terms of a commercial lease at an annual rental of £9,200.

EPC Rating
C (69). Total Floor Area 21 sq.m.

Ground Floor
113 Pyle Street
Currently in use as a barbers shop and let under the terms of a commercial lease at an annual rental of £7,670.

EPC Rating
C (61). Total Floor Area 26 sq.m.

Ground Floor
113a Pyle Street
Retail premises currently trading as a book shop and let under the terms of a commercial lease at an annual rental of £7,420.

EPC Rating
D (83). Total Floor Area 31 sq.m.

Residential
1-3 St James Chambers
The three residential flats are split across the upper two floors and accessed by one communal door on Pyle Street.

Flat 1
A two-bedroom flat let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £745 per calendar month.

Flat 2
A two-bedroom flat let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £725 per calendar month.

Flat 3
A one-bedroom flat let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.

Auctioneer's Note 1
Copies of the commercial leases and residential tenancy agreements will be available within the legal documents.

Auctioneer's Note 2
At the time of publication the Auctioneers have been unable to inspect the property internally. These details have been provided by the Joint Auctioneer/Seller and interested applicants should rely on their investigations to verify the information provided.

EPC Ratings
Flat 1 - D.
Flat 2 - E.
Flat 3 - E.

Council Tax Bands
Flat 1 - B.
Flat 2 - B.
Flat 3 - A.

Residential EPC: E

Commercial EPC: C

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
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About this agent

Clive Emson Land & Property Auctioneers - Maidstone
Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road Maidstone, Kent ME16 8PY
01622 279788
Full profileProperty listings
Clive Emson Auctioneers was founded in 1989 to supply a high profile auctioneering facility to corporate and independent estate agents, private clients and statutory bodies. Our success is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People and ISO accreditations. The concept of the Company is to provide a specialist land and property auctioneering service and, therefore, does not compete with the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instructed are offered for sale in the auction catalogue. The 20-25,000 full colour catalogues produced for each of our auctions are available either by post or through a network of over 850 estate agency outlets throughout Southern England. Our marketing is supported by more estate agency offices than any other auctioneers practice. In addition lot details, catalogue downloads, viewings and legal documentation are available through this website.
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