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Sold Prior | Lot 7

105-106 Commercial Street, Newport, NP20 1LU

Sold Prior

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 09/09/2020

Auction Time

12:00

Auction Venue

ONLINE ONLINE,

Viewing Times:

Tue 1 Sep

12:00-12:30

Thu 3 Sep

12:00-12:30

Mon 7 Sep

12:00-12:30

A Main Retail Thoroughfare In Newport

The premises is located on the western end of Commercial Street in Newport which is the main thoroughfare in the city centre. The area comprises of a mixture of occupiers including Restaurants and Fast Food outlets as well as Public Houses and A1 Retailers. The subject premises comprises of a mid terrace building of traditional construction under a pitched slate and flat roof. The front section of the building is a three storey with the rear extension being of two storeys. Internally the ground floor comprises of an open plan retail area with internal staircase to the upper floors. The first floor comprises of an open plan storage area to the rear with cellular storage area to the front and WC facilities. From the 1st floor is access to the rear loading / parking area. The second floor comprises of cellular accommodation together with further WC facilities.

Tenure

See Legal Pack

Accommodation

Ground Floor Retail Depth 33.61 m² 120 ft 8” Initial Width 9.682 m² 31ft 9” Rear Width 5.7 m² 18ft 8” Ground Floor Retail area 215.21 m² 2316 sq ft Ground Floor ITZA 1056 sq ft

First Floor

Front Room 39.33 m² 423 sq ft Rear Room 10.57 m² 114 sq ft Male & Female W.C. Unmeasured Rear Storage area 139.05 m² 1497 sq ft

Second Floor

Front Room 26.67 m² 287 sq ft Front Room 2 19.60 m² 211 sq ft Rear Room 16.38 m² 176 sq ft W.C./Bathroom Unmeasured

Aggregate Total 466.81 sq m 5024 sq ft

Viewing Schedule

Tuesday 1st September 12.00-12.30 Thursday 3rd September 12.00-12.30 Monday 7th September 12.00-12.30

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Newport City Council

Solicitors

MWG Solicitors, 163 Kingsway, Manchester, M19 2ND, Ref: Ifran Munir, Tel: 0161 8352446

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 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.