Other Commercial, Albert Avenue, Newport, NP19

This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £170,000 plus Reservation Fee.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The successful buyer will pay £349 including VAT for this pack which you must view before bidding. You do not pay just to view the pack, only if you are the successful bidder.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00 These services are optional.

Number One Agent, Scott Gwyer would like to present this commercial property and first floor flat for sale in Newport.

This property presents a fantastic investment opportunity, offering both a commercial space on the ground floor and a self-contained flat above. Located in a prime area with excellent foot traffic, this mixed-use building is perfect for those seeking to combine business and residential elements.

Ground Floor: The main commercial space features a bright and spacious shop front, providing ample display area and visibility for any business. It benefits from direct access to a functional kitchen area and a cloakroom, offering convenience for both staff and customers. At the rear of the commercial area, there is access to a ground floor storage room, as well as a basement-level storage area, ideal for inventory, equipment, or additional business operations. Furthermore, there is internal access to the flat above, allowing for easy management of the property.

First Floor Flat: The first-floor apartment can be accessed via a separate street entrance, ensuring privacy and independence from the commercial space below. Inside, the apartment is well-appointed with one double bedroom, a spacious living area perfect for relaxation or entertainment, and a fully equipped kitchen. The bathroom is also modern and practical, providing comfort for daily living.

This property comes with no onward chain, making it an ideal choice for investors or those looking to secure a combined business and living space in a convenient location. The flat's separate entrance adds an extra layer of privacy for tenants or owners. Whether you're looking to run your business from the ground floor while enjoying the flat above, or rent out both spaces for additional income, this property offers numerous possibilities.

An excellent opportunity to generate a strong return on investment, this property must be viewed to appreciate its full potential.

Council Tax Band B

All services and mains water are connected to the property.

Please contact Number One Real Estate for more information or to arrange a viewing.