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
Long established with strong brand identity. High Levels of repeat business. Continually expanding customer base. Offers invited.
Very High profile customer base. Framework agreement with world's leading elevator manufacturer. Outstanding track record . Exciting expansion opportunity. Offers invited.
For Further Information: All enquires including requests for a non-disclosure agreement (NDA), should be directed to the below together with Your Name, Registered Company Name and Contact Number: Unconditional offers together with proof of funds to b...
|
19
|
|
Jan
|
Luxury lodging group enters administration | ADMINISTRATION
An Essex-based company which operates eight luxury lodge par...
|
17
|
|
Jan
|
Fine paper business enters administration | ADMINISTRATION
Arjowiggins UK, which operates a number of trading companies...
|
15
|
|
Jan
|
Hawk Plant enters administration | ADMINISTRATION
The Shropshire company, that has previously undertaken landm...
Sign up to receive our acquisition alert emails to get your FREE guide
|
19
|
|
Jan
|
Luxury lodging group enters administration | ADMINISTRATION
An Essex-based company which operates eight luxury lodge par...
|
17
|
|
Jan
|
Fine paper business enters administration | ADMINISTRATION
Arjowiggins UK, which operates a number of trading companies...
|
15
|
|
Jan
|
Hawk Plant enters administration | ADMINISTRATION
The Shropshire company, that has previously undertaken landm...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources