Commercial Investment - A3 Takeaway & Flat & Separate Garage To Rear.

Business Unaffected. A3 takeaway with a two bedroom flat above and a separate garage / storage unit let on a separate lease. Current Income - £16,800 pa. The property is located on Corporation Road at the junction with Cromwell Road. The garage is accessed via a private lane off Gaskell Street.

Tenure

See Legal Pack

A3 Takeaway

Front entrance leads into a serving area with serving counter and window to front. From the serving area there is a commercial kitchen with preparation rooms, storage areas, cold room and a WC. Access to the rear.

First Floor

Separate and independent access from Corporation Road with hallway and stairs leading up to the flat. There are two bedrooms, living room, kitchen area and shower room.

Garage / Storage Unit

Spacious garage / storage unit with up and over door which is accessed via a private lane off Gaskell Street.

Lease Information

A3 Takeaway - £16,000 pa which includes the flat. Rear Garage / Storage Unit - £800 pa Please refer to the legal pack for full lease details.

Viewing Schedule

Via Auction House Wales. Please call 01633 212555.

Energy Efficiency Rating (EPC)

Current Rating Retail - C

Local Authority

Newport City Council

Solicitors

Emyr Pierce, 1 Heol Y Deri, Ref: Emyr Pierce, Tel: 029 2061 6002

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.