For Sale By Auction | 12:00, 05 February 2025

144 Commercial Street, Newport, Newport NP20 1LN

*Guide | £139,000 (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 02920 475 184 for more information

Auction Date

Wed 05/02/2025

Auction Time

12:00

Auction Venue

ONLINE

Substantial Four Storey Commercial Building in Prime Location.

An attractive substantial Grade II listed five storey building (including basement), currently vacant but offering the opportunity for a commercial occupier on the ground floor with development potential of the upper floors subject to all usual consents. We are advised that the building has a gross internal area of 453.6SQM/4883 SQFT. The property is positioned in a prime location on the high street, set amongst a number of National retailers including Greggs, Café Nero, Primark along with a mixture of local occupiers service providers. Excellent access is offered to the M4.

Tenure

Freehold

Accommodation (not inspected and we are advised of the following)

Ground Floor Sales 141.5 sqm 1,523 sqft First Floor Ancillary 97.9 sqm 1,054 sqft Second Floor Ancillary 86.5 sqm 931 sqft Third Floor Ancillary 98.0 sqm 1,055 sqft Basement Storage 29.7 sqm 320 sqft

VIEWINGS

Via Auction House Wales on 02920 475184.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Newport City Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 029 2040 4020

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, 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.