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Former Royal Mail, Mill Street, Newport, Newport, NP20 5HA

Key features

  • Advised Freehold - to be verified by solicitor
  • To be sold with vacant possession but scope to let for up to £57,000 p/a
  • 6 letting rooms with scope for further residential accommodation
  • Potential income for £50,000 +
  • City centre location
  • Development potential

Description

FOR SALE BY ONLINE AUCTION - Lot 23 - Residential / Commercial with HMO Licence
ONLINE AUCTION from 5th MARCH-7th MARCH

A substantial detached former public house that has been converted to provide a 6 room HMO with flat and ground floor retail unit which most recently traded as a coffee shop but may offer scope for alternative commercial uses or change of use to residential (subject to necessary planning consents).

The property is in a great location close to Newport city centre and the railway station with direct links to Cardiff and Bristol and London.



Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession but scope to let for up to £57,000 p/a

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Former Royal Mail, Mill Street, Newport, Newport, NP20 5HA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newport (S. Wales) Station0.2 miles
  • Pye Corner Station2.0 miles
  • Rogerstone Station3.0 miles
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About the agent

Paul Fosh Auctions, Newport

108 Lower Dock Street, Newport, NP20 2AG

Paul Fosh Auctions, Newport

Paul Fosh Auctions was founded in 2001 and provides a quality auctioneering facility to estate agents, private clients, companies and statutory bodies across South Wales.

The Company is now widely regarded as the leading and indeed largest property auction house in Wales, selling more homes at auction than any other firm in the principality (Stats: Estates Gazette / Essential Information Group).

Paul Fosh Auctions holds monthly online auctions. Please contact us at your convenienc

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Disclaimer - Property reference 237679. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Auctions, Newport on 01633 603042.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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