33 Church Road, Newport, NP19 7EL

ONLINE AUCTION from 11th NOVEMBER-13th NOVEMBER A substantial commercial unit located on a busy main road and within easy reach of Newport City Centre. To the ground floor the property offers various rooms, a kitchen, WC and former shop area. The former shop fronts onto Church Road with the rear having its own separate access onto Dean Street. We believe the property previously traded as a bakery with the rear of the premises operating as a food delivery service. Given its size the ground floor could offer scope for redevelopment subject to any necessary consents To the first floor there is a studio flat offering open plan lounge bedroom and kitchen with separate shower room. Typically studio apartments can achieve approximately £600-£700 per calendar month This property presents an ideal investment opportunity with the potential for dual rental income. It may also suit those seeking a live/work opportunity. An attractive proposition for investors, business owners, and developers alike. The property is located close to amenities and offers easy access to Newport City and Junction 24 of the M4 motorway. Accommodation Ground Floor: Former shop area, hallway, kitchen, 6 rooms First Floor: Open plan lounge kitchen bedroom, shower room Tenancies To be sold with vacant possession -Studio apartments can achieve approximately £600-£700 per calendar month INVESTORS : If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email [email protected] for invaluable advice. 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 of 1.5% of the purchase price (subject to a minimum of £1,500) 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.