Auction House / Wales

  • For Sale By Unconditional Online Auction
  • Guide Price* : £162,000
  • Bidding Opens 13/01/2025 13:00

438 Corporation Road, Newport, Gwent, NP19 0GA

Bidding opens Monday 13th January 2025 at 13.00 and closes Tuesday 14th January 2025 at 13.00.

Description

Bidding opens Monday 13th January 2025 at 13.00 and closes Tuesday 14th January 2025 at 13.00.

Commercial Investment - A3 Takeaway & Flat & Separate Garage To Rear.

Business Unaffected. A3 takeaway with a two bedroom flat above and a separate garage / storage unit let on a separate lease. Current Income - £16,800 pa. The property is located on Corporation Road at the junction with Cromwell Road. The garage is accessed via a private lane off Gaskell Street.

A3 Takeaway Front entrance leads into a serving area with serving counter and window to front. From the serving area there is a commercial kitchen with preparation rooms, storage areas, cold room and a WC. Access to the rear.
First Floor Separate and independent access from Corporation Road with hallway and stairs leading up to the flat. There are two bedrooms, living room, kitchen area and shower room.
Garage / Storage Unit Spacious garage / storage unit with up and over door which is accessed via a private lane off Gaskell Street.
Lease Information A3 Takeaway - £16,000 pa which includes the flat.
Rear Garage / Storage Unit - £800 pa
Please refer to the legal pack for full lease details.
Viewing Schedule Via Auction House Wales. Please call 01633 212555.

Tenure: See Legal Pack

EPC Rating: Retail - C / Flat - C

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£600 inc VAT payable on exchange of contracts.

Administration Charge

1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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* Guide | £162,000
  • 2 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 02920 475184 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.