Lot 17 - The Former Angel, 39 West Street, Newport, NP20 4DD
Guide Price* : £145,000+
- Unconditional Online Auction Sale
LOT 17 - Public House with Approved Planning in Principle for Four Flats
Description
ONLINE AUCTION from 21st JUNE-23rd JUNE
Located in the Newport city centre, within walking distance to Newport train station and local bus routes, this property would make an ideal investment.
Previously a public house, this property has recently been granted planning in principle for four flats.
The planning application is comprised of two one bedroom flats, one two bedroom flat, and a studio apartment. However, there may be potential for the studio apartment to be a one bedroom flat, (subject to the relevant planning consent).
Further information can be found via Newport City Council – planning reference: PRELET/PS/22/0074
Additionally, there is scope for the property to remain as a commercial building. Subject to the relevant planning permission this property could provide opportunity for a restaurant, public house or retail unit.
Accommodation
Ground Floor: Bar, lounge, female wc, male wc
Lower Ground Floor: Basement
First Floor: Kitchen/living room, 5 rooms, bathroom
Second Floor: Converted attic room
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.
Guide Price* : £145,000+
- Unconditional Online Auction Sale
LOT 17 - Public House with Approved Planning in Principle for Four Flats
Viewing
Paul Fosh Auctions
Office Contact
Debra Bisley
Documents
Auction Finance
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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