Retail Premises With Three Rooms, Bathroom And Separate WC To First Floor And Three Rooms To Second Floor Which Are In Need Of Full Modernisation.

A prominently positioned mixed use unit comprising of a retail unit to the ground floor with three rooms, bathroom and separate wc to first floor and three further rooms to the second floor. We are advised by the clients that a Licence to Occupy the premises dated 25th August 2022 was made between our clients being Conegate Limited and Love Empire Limited being the occupier. However, the relevant notice to terminate the licence on the 17th of July 2023 has been provided to the occupiers. (Please refer to the legal pack for further information). Therefore, the property will be sold vacant. Several A3 occupiers are positioned close by, including the neighbouring Pizza Hut. The property is in a prominent location close to The Royal Gwent Hospital and Newport police Station.

Ground Floor

Main entrance door to the side leading to shop door and flat door with stairs to first floor. Retail area with glazed display frontage, staff/kitchen area, store and w/c.

First Floor

Landing, three rooms, bathroom separate w/c.

Second Floor

Landing, three rooms.

Viewings

Auction House Wales 02920 475184.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Newport City Council

Solicitors

Shoosmiths, Ref: Shoosmiths, Tel: +44 (0)20 7282 4076

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 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.