For Sale By Auction | 19:00, 04 April 2019 | Lot 5

2 Livingstone Place, Newport, NP19 8EY

*Guide | £75,000 + (plus fees)

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Thu 04/04/2019

Auction Time

19:00

Auction Venue

Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

Viewing Times:

Mon 18 Mar

12:00-12:30

Mon 25 Mar

12:00-12:30

Mon 1 Apr

12:00-12:30

Commercial

The property is a mid terraced commercial property on ground and first floor levels. The ground floor was previously used as a hair salon with self contained offices to the first floor. The property is to be sold vacant possession. The property is located on Livingstone Place with frontage onto Chepstow Road on Maindee Square.

Tenure

See Legal Pack

Accommodation

The Property measures 106 sq m / 1,147 sq ft.

Planning

The property is presumed to have planning permission for A1 for the hair salon and B1 for the office above. Any potential purchaser is advised to make enquiries with the local authority to verify the current use and to discuss any proposed change of use.

Rateable Value

We have been informed that the property has a Rateable Value of £4,350 per annum. The Welsh Government have a rates relief scheme in place, properties with a rateable value of less than £6,000 p.a are exempt from business rates. Interested parties are asked to contact their local Rating Authority to verify this information.

Viewing Schedule

Monday 18th March 12.00-12.30 Monday 25th March 12.00 -12.30 Monday 1st April 12.00-12.30

Energy Efficiency Rating (EPC)

Current Rating E - 104

Local Authority

Newport City Council

Solicitors

Eversheds-Sutherland Solicitors (Katie), 1 Callaghan Square, Cardiff, CF10 5BT, Ref: Katie Lewis, Tel: 02920 477210

Additional Fees

Buyer's Premium - £720 inc VAT payable on exchange of contracts.

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.