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Residential properties for auction in Tickenham, North Somerset

Create Alert 1 result Sorry, we currently do not have any listings in 0 miles of Tickenham, North Somerset - Please find below the nearest listings available.
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** Unsold, please refer to Auctioneer **


Retail Unit with Upper Floor Accommodation
The property is situated on Chepstow Road within the
Maindee area of Newport to the south of Newport city
centre.

The property occupies a prominent position within the
main retailing area.

Tenure
See Legal Pack

Description
The property comprises an end of terrace retail unit with upper floor accommodation.
The ground floor is open plan with a mix of laminate, carpet and vinyl floor coverings with a suspended ceiling with inset lighting with a return frontage to Chepstow Road.
The upper floor accommodation can be accessed by an internal wooden staircase from the ground floor and a self-contained entrance which runs between the subject and the neighbouring property the alleyway leads to the rear of the property where there is are external steel gantry stairs to the first floor.
The first and second floors are currently offices and stores with the potential, subject to the relevant planning permissions to convert, to convert to residential.

Accommodation
The property has been measured on an Net Internal Area basis in accordance with the RICS Code of Measuring Practice (6th edition).
Ground Floor Retail: 47.8 sq m 515 sq ft
First Floor Offices: 35.8 sq m 385 sq ft
Second Floor Stores: 44.6 sq m 481 sq ft

Business Rates
The rateable value of the property is £7,400 p.a.
The UBR (Wales) for 2018/2019 is 0.514 p in the £1.00.
There are small business rate relief schemes in place through Welsh Government, please make your own enquiries.

Local Authority
Newport City Council

Solicitors
Jacklyn Dawson, Equity Chambers, Newport, NP20 1PW, Ref: David Smith, Tel: 01633 265972

Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
114, Chepstow Road, Newport, NP19 8EF
The property comprises an end of terrace retail unit with upper floor accommodation.
Type: General Retail, Residential, Retail, Offices
Location: 114 Chepstow Road, NP19 8EF
Images: 13
Brochures: 1
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