Lot 13 - 144 Caerleon Road, Newport, Gwent, NP19 7FY
- Unconditional Online Auction Sale
- Guide Price* : £185,000+
- Bedrooms: 2
Commercial/Residential Mixed Use Investment Opportunity
Description
A mixed use property located in a popular area of Newport. The area of Caerleon Road provides a large selection of shops, schools, restaurants and other facilities. The area enjoys consistent foot fall throughout the year and benefits from a selection of national and local retailers.
A substantial period property located in this popular location close to junction 25 of the M4, a wide range of local shops and easy access of the city centre. In its current configuration the property comprises : To the ground floor: a former hair salon with entrance hall, reception and styling area having open arch to inner salon, kitchen and w/c. A separate office over looks the garden and leads off the main hallway. The salon and office could be easily converted to a 1/2 bedroom apartment subject to obtaining the necessary planning permission’s.
To the first floor: A staircase from the shared hallway provides access to a very spacious apartment, comprising: A landing area, Good size lounge, Kitchen, 2 Double bedrooms and bathroom. Outside: To the front a garden with steps to the main entrance.
To the rear: A seating area accessed from the shop with steps through a garden to a large parking area having double gates leading to a rear lane exiting to Somerset Road.
Tenancy Details
To be sold with vacant possession
Tenure
Tenure is advised Freehold
Council Tax Band
A
Auction Fees And Additional Costs
Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.1% of the final sale price (subject to a minimum of £795).
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. 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.
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