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No longer on the market

This property is no longer on the market

EPC (Contains public sector information licensed under the Open Government Licence v3.0.)

Pub

Auction
Pub
3 beds
Added > 14 days

Features and description

  • Advised Freehold - to be verified by solicitor
  • To be sold with vacant possession
FOR SALE BY AUCTION - -Lot - Former Pub Ideal for Commercial Investment or Development Potential
ONLINE AUCTION from 16th DECEMBER-18th DECEMBER

Freehold building formerly operating as the Flamingo bar and previously as a public house. The property comprises two main function rooms, along with two smaller seating and bar areas. The upper floors provide residential accommodation including three bedrooms, a kitchen, and a living room. Parking is available to the rear.

The successful purchaser has the option to operate the premises as a pub or let it as a commercial investment. There is also potential for redevelopment into residential accommodation or flats, subject to the necessary planning consents.

We have been informed by the vendor that when the property was operating as the Flamingo Bar, it achieved approximately £550 per week in rental income. The property is offered with vacant possession as no tenancy is currently in place.

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession
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Area statistics

Crime score
Low crime
2/10

About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
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.
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