Property photos
Auction
Guide price
£240,000
Industrial for sale
51-52 High Street, Newport NP20Local area information
Property location
Nearby amenities
- Newport (South Wales) 0.1 miles
- St Mary's R.C. Primary School 0.2 miles
- St Woolos Primary School 0.3 miles
- Pye Corner 1.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
For sale by auction on Wednesday, 21 May 2025 at 12:00
Venue: Online
Substantial City Centre Property - Investment Opportunity
The property is located in the main High Street of Newport city centre. The ground floor is currently occupied and trading as "Slipping Jimmy's Bar and Grill" with a current rent of £15,000 pa.
From it's own independent access off High Street there is access to three further floors offering redevelopment potential subject to the usual consents.
Gia 277.6 sqm (2,988 sqft)
All prospective buyers are advised to contact Newport City Council regarding all planning consents and available grants.
Ground Floor
A3 Unit currently occupied - £15,000 pa. Please refer to the legal pack for the lease information.
First Floor
Four office rooms, a kitchen and WC. (93.3sqm 1,004 sqft)
Second Floor
Four office rooms, a split landing to a kitchen and WC (91.8 sqm 988 sqft)
Third Floor
Four office rooms, a split landing to a kitchen and WC. (92.5 sqm 996 sqft)
Viewings
Via Auction House on .
EPC Rating: D
Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Online
Substantial City Centre Property - Investment Opportunity
The property is located in the main High Street of Newport city centre. The ground floor is currently occupied and trading as "Slipping Jimmy's Bar and Grill" with a current rent of £15,000 pa.
From it's own independent access off High Street there is access to three further floors offering redevelopment potential subject to the usual consents.
Gia 277.6 sqm (2,988 sqft)
All prospective buyers are advised to contact Newport City Council regarding all planning consents and available grants.
Ground Floor
A3 Unit currently occupied - £15,000 pa. Please refer to the legal pack for the lease information.
First Floor
Four office rooms, a kitchen and WC. (93.3sqm 1,004 sqft)
Second Floor
Four office rooms, a split landing to a kitchen and WC (91.8 sqm 988 sqft)
Third Floor
Four office rooms, a split landing to a kitchen and WC. (92.5 sqm 996 sqft)
Viewings
Via Auction House on .
EPC Rating: D
Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
More information
Listed by
Auction House South Wales Newport
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