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20, 22, 24 .30 32 and 34 Clarence Place, Newport, South Wales, NP19

PROPERTY TYPE

Semi-Detached

BEDROOMS

34

BATHROOMS

36

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

By Formal tender. (See further details below).

This is a unique opportunity to acquire 34 flats (split between two units along the street from each other on Clarence place) with two separate commercial units (One A3 former restaurant). There is also further office/kitchen and dining space to the ground floor of 20/22/24.

The vacant buildings are located on Clarence Place in Newport and just on the outskirts of the city centre and only around 0.25 miles from the recently regenerated Newport Market and Friars Walk. Both properties comprise three former individual buildings that have been combined into two extensive single units and briefly comprise;

20/22/24 Clarence Place - The ground floor comprises various offices, a reception area, modern kitchen and dining area. There is also a former staff bedroom to this floor as well as laundry, disabled and standard WC facilities. Upstairs are a mix of 19 en-suite studio and one bedroom apartments in varying states of repair spread over three floors with some further communal areas. All have a kitchen and bath/shower room. There is also a rear yard which could provide some parking. Please see the full 3D VR tour of this building on our website.

30/32/34 Clarence Place - The ground floor of this property is separated into two commercial units. 30/32 is a large empty commercial unit with a shop front facing Clarence place which could be suitable for a variety of uses, subject to consents. 34 Clarence Place is an A3 unit, formerly operated a popular restaurant, "Curry on the Curve". The three floors above are a mix of 16 en-suite studio and one bedroom apartments in varying states of repair spread over three floors. All have a kitchen and bath/shower room. There is also a rear yard which could provide some parking. Please see the full 3D VR tour of this building once available.

We will be adding further pictures, VR tours, floorplans and drone imagery in the coming days.

The sale process will allow for an 8 week (approx.) period for interested parties to view the property and consider the legal pack which will be available soon through our website. Interested parties are invited to register through our office on or to be informed of viewing times, the legal pack and any further information as it comes to us such as floorplans.

We will be inviting bids by Formal tender in excess of £750,000 by 5pm on Friday 8th November 2024. The vendors (Pobl Goup Ltd) are also requesting information with the bid on the future plans for the buildings, the history of each buyer or their company and other developments or properties owned and operated by the bidder that may give some context to the bid. Pobl Group Ltd will then make the successful bidder aware of their decision by 5pm on Friday 22nd November.

The sale will be ultimately actioned by an auction style contract with exchange by Friday 29th November and completion in 90 days or earlier by mutual consent. Further details and confirmation of this will be within the legal pack once available.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Communal
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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20, 22, 24 .30 32 and 34 Clarence Place, Newport, South Wales, NP19

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About Seel & Co Ltd, Cardiff - Auctions

Desg, 11-13 Penhill Road, Pontcanna, Cardiff, CF11 9PQ

Seel & Co?s property auction department was established in April 2000 and since then the team have disposed of nearly a quarter of a billion pounds of assets and sold approximately 3,500 lots. Seel & Co are expert in the disposal of both residential and commercial property including retail, industrial, offices and licensed trade as well as development land & property, commercial and residential ground rents (and wasting Leasehold interests), commercial and residential investments and agricultural/rural interests.

The auction department cover the whole of Wales and boast the highest sales conversion rate in the region with an average sales rate of 87% achieved in 2014. This year our current conversion rate is in excess of 90%.

If you are considering Auction as a route to sale and require further information, please contact one of our experienced members of staff who will be ready and able to assist. For Welsh speakers, we do offer a Welsh speaking service.

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Disclaimer - Property reference Tender. 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 Seel & Co Ltd, Cardiff - Auctions. 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 Seel & Co Ltd, Cardiff - Auctions on 029 2271 6399.

*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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