5 Market Place, Abercarn, Newport, Gwent, NP11 5GW
Sage and CoSage & Co Auctions offers a fast, secure, and hassle-free way to buy and sell property and land across Wales. With 45 years of experience and a dedicated team, they provide expert guidance, online auctions, and legally binding sales for a smooth and efficient process.
Read more Read moreA substantial end of terrace property situated in the popular village of Abercarn. This versatile building offers superb potential for a variety of future uses (subject to any necessary consents). Formerly operated for many years as a well-known public house, and more recently used as a care home, the property offers generous internal space arranged over multiple floors, with a mix of rooms in good order and others requiring improvement or refurbishment. Conveniently located close to local amenities and transport links, the property provides easy access to the nearby towns of Newbridge and Risca, with the M4 motorway approximately 8 miles away. Nearby railway stations at Cross Keys and Newbridge offer additional commuting options. Benefitting from gas central heating and double glazing, this is a prime opportunity for investors or developers seeking a project with excellent scope and flexibility. Whether your interest lies in re-establishing a public house, converting to an HMO, or exploring alternative commercial or residential uses (subject to the necessary permissions), this property represents an exciting and adaptable investment opportunity. Accommodation Basement - Cellar area, former commercial kitchen area, toilet block Ground Floor - Entrance hall, lounge/living area, office, former bar area, toilet block First Floor - Landing, living-room, 3-bedrooms (one with en-suite), kitchen, shower-room Second Floor - Landing, living room, kitchen/diner, 2-bedrooms, bathroom Tenancy Details To be sold with vacant possession Tenure Tenure is advised Freehold Auction Fees And Additional Costs The purchaser will be charged a buyers premium of 1.20 % of the sale price with a minimum fee of £995 inc. VAT 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.
