Lot 55 - 16 Gold Tops, Newport, Gwent, NP20 4PH
Guide Price* : £165,000+
- Unconditional Online Auction Sale
Lot 55 - Office Building Opportunity
Description
ONLINE AUCTION from 1st September-3rd September
A substantial and attractive four-storey office building situated within the established Gold Tops professional and commercial district of Newport, conveniently located for Newport city centre.
The property provides extensive office accommodation arranged over four floors and is offered with vacant possession, providing an excellent opportunity for an owner-occupier or investor seeking potential rental income.
The property also offers potential for redevelopment or alternative uses, including possible residential conversion, subject to the necessary planning permissions and consents.
Externally, the property benefits from private parking to both the front and rear.
Tenancies
To be sold with vacant possession
Tenure
Advised Freehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Bidding open
- Unconditional Online Auction Sale
Lot 55 - Office Building Opportunity
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
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As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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