Commercial properties in Newport to go under the hammer

Wed, 02 Dec 2015 | COMMERCIAL PROPERTY

Various commercial properties in Newport are up for sale at an auction taking place next week.

Firstly, the three-storey Belmont Guest House is to go under the hammer with a guide price of £120,000-plus. The semi-detached building in Chepstow Road is in need of some refurbishment, but it has room for nine bedrooms as well as a rear annexe, all of which is catered for by a range of kitchen and bathroom facilities, the South Wales Argus reported.

Partial refurbishment of the commercial property has been completed, including some plumbing, electrical and plastering work. However, further improvements are required, namely it needs a new kitchen and bathroom fitting.

Keri Harding-Jones, from the seller Paul Fosh Auctions, commented: "The current accommodation offers the potential for conversion to residential or alternative uses subject to planning permission."

Also up for sale at the auction - which is taking place at the Park Inn Hotel in Cardiff, at 5pm on Thursday 10 December - is the property at 4a West Market Street in Newport.

The building is split across two storeys and covered 1,243 square feet. Due to its good location on the corner of West Market and Dolphin Streets and near to Lower Dock Street, the commercial property can have a range of uses, including a shop, cafe or small office.

The property has a guide price of £65,000-plus.


Read other commercial properties for sale news stories.
Commercial properties for sale


Share this article



Latest Businesses for Sale

Metal Polishing Business
Fareham, Hampshire, UK Wide

Metal Polishing Supplies, a highly desirable ‘Run from Home’ opportunity established by our client in May 2008. The highly profitable business is now being offered for sale due to genuine health reasons and we strongly advise early enquiries to avoid...

Asking Price: £265,000
Turnover: £336,519

Butchers with Accommodation
Boston, Lincolnshire, UK Wide

The business is run and managed by our client, with the help of 11 full time members of staff, 6 being qualified butchers. The business is being sold as a Freehold opportunity with 2 x 1-bedroom flats above the premises, both of which are currently l...

Asking Price: £510,000
Turnover: £990,845

FREEHOLD


MOT Garage
Andover, Hampshire, UK Wide

The business runs as a vehicle repair garage offering a range of services. The garage offer classes 1, 2, 4, 5 and 7 up to 3.5t light commercial MOT’s. Much trade is from garages that don’t have MOT bays themselves. The garage also offers repairs for...

Asking Price: £324,950
Turnover: £363,844

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
12
 
Nov
 

MBO at Gloucestershire bricklayers | MBO/MBI

Gloucestershire building services firm Cavendish Park Brickl...

 
07
 
Nov
 

Successful MBO at Homefair Blinds | MBO/MBI

Homefair Blinds has been acquired in an MBO led by a trio of...

 
06
 
Nov
 

SKS completes four acquisitions | BUSINESS SALE

SKS Business Services has announced the acquisition of four ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
12
 
Nov
 

MBO at Gloucestershire bricklayers | MBO/MBI

Gloucestershire building services firm Cavendish Park Brickl...

 
07
 
Nov
 

Successful MBO at Homefair Blinds | MBO/MBI

Homefair Blinds has been acquired in an MBO led by a trio of...

 
06
 
Nov
 

SKS completes four acquisitions | BUSINESS SALE

SKS Business Services has announced the acquisition of four ...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources