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Commercial Development for sale

8-11 Griffin Street, Newport, NP20

Sold STC £230,000

Property Description

Key features

  • To Be Auctioned On The 13th July 2016
  • Guide Price 230,000+
  • Planning For A3 Use
  • City Centre Location
  • Beer Garden/Courtyard
  • Development Potential

Full description

This three storey, plus basement, property was previously a nightclub and is located in Newport City Centre, along with similar businesses and retail premises.

There are good road links to M4 and the main train station is approximately a 5 minute walk.

Rateable Value - £107,000 Rates Payable - £51,574

Basement 105.35 sq m (1,134 sq ft)

Cellar with w.c facilities.


Ground Floor 338.99 sq m (3,649 sq ft)

Bar area, a commercial kitchen, w.c facilities.


First Floor 340.79 sq m (3,668 sq ft)

Incorporating a bar and dance floor.


Second Floor

A collection of rooms/storage space.


Outside

To the rear is a tiered courtyard.



Map & Street View

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*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.”

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 Auction House, South Wales on 01633 212555.


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