Lot 63 - 33 Charles Street, Newport, NP20 1JT

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Lot 63 - 33 Charles Street, Newport, NP20 1JT

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Guide Price* : £79,000+

  • Unconditional Online Auction Sale
  • 5 Bedrooms

Lot 63 - A Commercial Unit with Two Flats.

Description

ONLINE AUCTION from 16th MAY-18th MAY

A three storey mixed used development comprising of a commercial unit and two flats.

The commercial unit has most recently been used as a café, and is comprised of a retail area, hallway and kitchen.

Access to the flats is via a separate entrance. The first floor flat is currently vacant and is comprised of two bedrooms, bathroom and kitchen/ living area. The second floor flat is comprised of three bedrooms a bathroom and living/dining room.

There is also a basement area.

Location:
Located in Newport city centre within close proximity to Commercial Street and the newly developed Friars Walk. There are a number of local and national retailers within close proximity including Primark, Superdrug and TSB Bank.

The property benefits from being within walking distance to Newport train station and Newport bus station.

A prominent position on the intersection of Charles Street and School Lane.

Services:
The property benefits from gas, electric and water (not tested).

Accommodation

Floor Description Area Sq Ft Area Sq M
Lower Ground Floor Basement N/A N/A
Ground Floor Retail Area 309.57 28.76
Hallway 117.11 10.88
Kitchen 111.72 10.38
First Floor Kitchen/living area 191.38 17.78
Bedroom 1 81.15 7.54
Bathroom 5.2656.61 5.26
Bedroom 2 97.52 9.06
Second Floor Living/dining area 78.89 7.33
Kitchen 67.16 6.24
Bathroom 24.54 2.28
Bedroom 1 71.36 6.63
Bedroom 2 95.04 8.83
Bedroom 3 108.93 10.12

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Top Floor Flat Statutory Periodic 1st June 2018 Rolling £480 pcm

Tenancies

Commercial unit is vacant
First floor flat is vacant
Top floor flat is tenanted (please see tenancy schedule).

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* : £79,000+

  • Unconditional Online Auction Sale
  • 5 Bedrooms

Lot 63 - A Commercial Unit with Two Flats.

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Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Office Contact

Debra Bisley

debra@paulfoshauctions.com
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Documents

Lot 63 - 33 Charles Street, Newport, NP20 1JT

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