Call the team on 01273 201989 for more information
Grade II Listed Mid Terrace Mixed Use Freehold Investment Comprising 2 x Commercial Units and 6 x Flats
Grade II Listed Mid Terrace Mixed Use Freehold Investment Comprising 2 x Commercial Units and 6 x Flats
The Auctioneers have not been able to inspect the property, therefore, are unable to confirm the condition of 29 & 29a High Street, Newport
Lot Type
Mixed Use Grade II Listed Freehold Property
Accommodation
The Auctioneers have been informed of the following accommodation and sizes: 29 High Street Commercial Premises – 58.6sqm / 630sq ft 29a High Street Commercial Premises – 97.5sqm / 1,049sq ft Ground Floor Flat 1 – 1 bedroom, kitchen/lounge/dining, bathroom – 36.6sqm / 393sq ft First Floor Flat 2 – 1 bedroom, kitchen/lounge/dining, bathroom – 52.4sqm / 564sq ft First Floor Flat 3 – 2 bedroom, kitchen/dining, lounge, bathroom – 11.8sqm / 1,203sq ft Second Floor Flat 4 – 2 bedroom, lounge/kitchen/dining, bathroom – 64.2sqm / 691sq ft Second Floor Flat 5 – 1 bedroom, lounge/kitchen/dining, bathroom – 61.9sqm / 665sq ft First & Second Floor Flat 6 – 2 bedroom, lounge/kitchen/dining, ensuite, bathroom – 41sqm / 441sq ft Total Approximate Floor Area – 524sqm / 5,640sq ft
Tenancy
29 High street commercial unit is vacant 29a High Street commercial unit is occupied and let at a rent of £18,000 per annum exclusive. The auctioneers have not had sight or been informed of the full lease terms. Ground Floor Flat 1 is vacant The remaining 5 x flats are tenanted. The auctioneers have not had sight or been informed of the tenancy terms or rental figures
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
Administration Charge - Purchasers will be required to pay an Administration fee of 1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.