Terraced house for sale

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Terraced house for sale

51-52 High Street, Newport NP20 1GA
£240,000

Our Summary

  • Substantial City Centre Property - Investment Opportunity
  • From it's own independent access off High Street there is access to three further floors offering redevelopment potential subject to the usual consents
  • 5 sqm 996 sqft)Viewings Via Auction House on

Description

This substantial city centre property in Newport's main High Street is an investment opportunity that offers redevelopment potential across its three floors, subject to the usual consents. The ground floor is currently occupied and trading as "Slipping Jimmy's Bar and Grill" with a current rent of £15,000 per annum. The upper floors provide office space, with a total gross internal area of 277.6 square meters. The property is being sold with vacant possession, and prospective buyers are advised to contact Newport City Council regarding planning consents and available grants. The property is being sold through an auction process, with bidding opening on May 19th and closing on May 21st.