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

Builders Merchant
Manchester, UK Wide

The business for sale is a popular, independent builders’ yard/supplier specialising in a wide range of building products. Offers invited.

Asking Price: £299,500
Turnover: £570,000

LEASEHOLD


Joinery Business
East London, South East, UK

This is a fantastic opportunity to acquire a long running and well-established joinery business currently serving the London area. Offers invited.

Asking Price: £420,000
Turnover: £780,000

LEASEHOLD


Dust & Fume Extraction Specialist
Scotland, UK

Specialises in comprehensive dust and fume extraction solutions, providing tailor-made designs, installations and support services. Offers invited.

Asking Price: Offers Invited
Turnover: £534,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
26
 
Mar
 

Craft beer company goes under | ADMINISTRATION

With stores in London, Canterbury and Margate, craft beer me...

 
25
 
Mar
 

West Midlands transport company enters administration | ADMINISTRATION

The company behind the Ring and Ride services throughout the...

 
22
 
Mar
 

Scunthorpe nightclub up for sale | BUSINESS SALE

A former nightclub based in Scunthorpe has been put up for s...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
26
 
Mar
 

Craft beer company goes under | ADMINISTRATION

With stores in London, Canterbury and Margate, craft beer me...

 
25
 
Mar
 

West Midlands transport company enters administration | ADMINISTRATION

The company behind the Ring and Ride services throughout the...

 
22
 
Mar
 

Scunthorpe nightclub up for sale | BUSINESS SALE

A former nightclub based in Scunthorpe has been put up for s...

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