Commercial Property with Development Potential
The Property is situated on the mid-point of Charles Street in the heart of Newport City Centre and is the gateway into Friars Walk. There is a good mix of national and local retailers within immediate proximity.
See Legal Pack
The Property is a substantial end of terrace building on, Lower Ground, Ground, First and Second floor levels. Formerly a pub, the property has bar areas to the ground and first floor as well as a commercial kitchen and restaurant area. On the second floor there is a private flat. The lower ground floor provides dry storage which has access internally and externally from School Lane.
The Property has a rateable value of £5,000 p.a.x Welsh Government currently offer 100% relief on Property with a Rateable value of under £6,000 p.a.
Tuesday 29th Jan 13.00-13.30 Wednesday 6th Feb 13.00-13.30 Monday 11th Feb 10.00-10.30
Newport City Council
Spicketts Battrick, 3 - 4 Gelliwastad Road, Pontypridd, CF37 2AU, Ref: John Allison, Tel: 01443 407221
Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 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.